In November of last year Mayor John Tory announced a new small business tax that was meant to reduce the property tax burden that small businesses must pay to the city. In theory, this meant an across the board decrease of 15 per cent for properties that met two criteria: lot size and value. It turns out however, that the methodology chosen by the city is so flawed that it appears that as many as 20 per cent of properties will not get the break even though they meet the requirements.  Read more

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New Small Business tax class see property taxes drop by 15%

By Carly Penrose

The benches outside Emily Rose Café at Palmerston Square and Follis Avenue were filled with patrons. Mothers and daughters, friends coming together over food. Although it was late November and the café had yet to introduce indoor seating, patrons were undeterred by the cold late-fall air as they waited patiently for their coffees and baked goods.  Read more

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