Tory commits to increasing small business tax break by 5 per cent if re-elected

In a campaign announcement Friday morning, Tory said he is committed to helping small businesses recover from the COVID-19 pandemic and manage increased costs due to inflation and rising interest rates.

Increase the tax discount for the small business subclass from 15 to 20 per cent, and work with the Ontario government to ensure they match the same discount on provincial property tax billsAppoint a councillor as the Mayor’s Champion for Red Tape Reduction to identify and lead efforts to make it easier for small businesses to open and stay open

Tory says so far 29,000 eligible businesses are currently receiving both the municipal and provincial property tax discounts this year.

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Tory commits to increasing small business tax break by 5 per cent if re-elected in TorontoToronto mayoral candidate John Tory is promising to expand and increase a small business tax break by five per cent if he’s re-elected this fall. BECAUSE HE'S ONLY HAD 8 YEARS Tory has been an unmitigated disaster. Vote him out. Toronto keeps falling behind when we should be at the forefront of global cities. Under Tory all we've had is billions wasted on a crumbling Gardiner, police brutality, and...that's about it. make the TTC free, defund the police or *at least* audit them and hold them accountable for sketchy overtime, stop treating unhoused ppl like criminals when the average rent is like $2400, ban Airbnb and heavily tax vacant properties then maybe I’ll vote for u
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