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The Question

Property tax up 2.2 per cent, after 9.5 and 6.9. Was the pain worth it?

Toronto's 2026 budget raised the residential rate 0.7 per cent and the city building levy 1.5, about $92 on an average home, after two years of the steepest increases since amalgamation. It passed in February.

Asked September 41,659 votesOpen for 29 more days

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What the GTA says so far

  • Worth it. The city was starved for a decade and something had to give.30%
  • Not worth it. Sixteen per cent in two years and the streets look the same.25%
  • Should be higher. Toronto's rate is still the lowest in the region.17%
  • 2.2 in an election year after 9.5 and 6.9 is not a budget, it is a calendar.28%

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Why we’re asking

In 2024 Toronto raised property taxes 9.5 per cent, the largest increase since amalgamation. In 2025 it was 6.9. This year, with an election in October, it was 2.2: 0.7 on the residential rate and 1.5 on the city building levy that funds transit and housing capital, or about $91.53 on a home assessed at $692,140. Council passed it in February.

The mayor’s case is that the two big years were the bill for a decade of holding increases below inflation while the roads, the shelters and the TTC ran down, and that 2.2 is what stability looks like once the hole is filled. The other case is that residents were asked for sixteen per cent in two years and are being asked, in year three, whether they noticed the difference.

Toronto’s residential tax rate is still the lowest of any municipality in the GTA. That fact is used by both sides.

Sources: CBC, a 2.2 per cent increase proposed · The Globe and Mail, the 2026 budget proposal · National Observer, the budget approved · CBC, the mayor’s budget keeps 2.2

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