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Global News at 5 & 6 Toronto

Toronto homeowners face higher interest rates, property tax increase

Posted January 10, 2023 6:33 pm EST

Updated January 10, 2023 10:08 pm EST

Owning a home in Toronto may be more of an uphill battle than ever before, with issues from higher interest rates to proposed property tax increases. Caryn Lieberman reports.

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Inflation, pandemic costs driving Ontario property tax hikes as upkeep backlogs grow

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