Advertisement

City of Toronto announces 60-day grace period for bill payments amid coronavirus pandemic

Coronavirus outbreak: Potential for multiple COVID-19 waves, Toronto health official says
WATCH (March 18, 2020): There is a potential for multiple COVID-19 waves, a Toronto health official says.

Toronto Mayor John Tory has announced a 60-day grace period for City of Toronto residents and businesses on city-related payments due to the novel coronavirus pandemic.

The deferral is retroactive to March 16 and would cover property taxes, water and solid waste utility bill payments for all residents and businesses, Tory said in a statement issued on Friday.

“The COVID-19 pandemic has turned people’s lives upside down overnight,” Tory said.

“We know families are struggling to figure out how to make ends meet while also worrying about their health and the health of their loved ones. Toronto businesses and residents need to know that we understand these are extraordinary circumstances and we are here to support them.”

READ MORE: Close non-essential businesses amid COVID-19 pandemic: Toronto medical officer

Late payment penalties for both residential and businesses will be waived starting on March 16 for 60 days.

Story continues below advertisement

“The immediate grace period announced today will give people relief as we all work to rebuild the economy,” Tory added.

[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]

The mayor is asking for landlords to provide accommodation and leniency to renters “because it’s the right thing to do” and for small businesses on the timing of rent payments as they may be experiencing severe cash flow difficulties.

The City said for properties on a regular three-installment payment plan, the next required payment will be on June 1.