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

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Toronto 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.

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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The rents are up 24%

The worst mayor Toronto has ever had. And the worst part is the other candidates are Goofs so he's prob gonna win 🤦🤦🤦

😂😂 promises promises 😂😂

Yea and then squeezing them out of the downtown core by demolishing their building to put up more condos. I hope people enjoy each other’s company as there will be nothing to do soon when all small businesses are forced out one way or the other.

He is a liar

We need a new approach to the city. We need a new mayor.

Tory has to go!

Why wait? Or another question, any reason it's right now and wasn't last year? eightyearsandcounting

Truth about JohnTory if we elect again, bringing more crimes inside City that we Love, like Gun shooting, Car jackin, Bringing more International criminal, Blood money into the city, so we can't afford buying and renting House, He don't give a dime about local Torontonian.

Votes for sale

Liberal … Tory … same old story

Vote him out he’s useless

You go out for dinner and pay 100s then realize the inflated prices are mostly municipal taxes and I am not talking about the 13% sales tax which is tax over tax. For every $100 you spend at a restaurant at least 50% is taxes.

JohnTory please ban Airbnb

Fire that OldMop while you still can.

Tory is done!!

Tory will be 'deeply disturbed' after he gets voted out

Ya, and then raise my property taxes by 5%. Every year this guy has been in city hall my property taxes have risen substantially. Doing a real great job JohnTory. NOT.

LOL

That won’t do anything to save small business. Recession is around the corner

The same businesses he killed during lockdowns

How about doing it regardless of an election?

do not vote tory anyone

Toronto has a revenue problem so of course Tory wants to make it worse. Toronto desperately needs a new mayor. TurfTory

I wish he would shut down after hours clubs and try to get a certain group of citizens to stop shooting each other....

Only if you’re vaccinated though

Yea, that will resonate with most people right…. 🙄

Why does he need to be re-elected to do this? Why not do it now? What am I missing? JohnTory

Why do election promises always sound like bribes or a 'soft sell' of the protection racket? It's always 'I promise' to secure your vote & then they couldn't care less about you & never return your calls for another 4 years until it's time to suck up 2 U again. TOpoli Toronto

See ya later pal. You’re useless

Here we go again!!

This'll def stop gang bang shootings.

Doing my research on Gil Penalosa for mayor

🤣🤣🤣🤣 here come the promises before election time

Fountains closed, parks closed, public washrooms closed, garbage cans stuffed full + broken, roads and sidewalks crumbling, graffiti everywhere, downed trees rotting uncollected for months, the TTC falling apart, and he wants to give a tax break? LowTaxCity

🤗 Sounds like is more concerned about loosing his job then anything else....🤭

The reality on the ground is so different. The crime, the homelessness, the shootings, carjackings. 8 years since i started my restaurants in downtown i had zero breakins/broken glass door until 2019, and 3 times in the last 12 months

Why don’t you cut it down now and then we will vote - promises keep getting broken onpoli

What about lowering property tax and getting rid of land transfer as most residents see zero value in city services and no one wants to pay for the privilege of living in your borders. Also…focus on fixing the damn gang and gun problem.

Who else is running for mayor ?

we can’t keep park washrooms open or empty garbage bins on time, but we have money in the budget for a tax break for businesses? what about the people who live in this city?

He shut u down

tory has been mayor for 8 years with a sympathetic City Council that would have done what he wanted ... why didn't do it before? another promise like 'smart track' I suppose asking for a friend.

We’ve destroyed a generation of small businesses many of whom are barely hanging on and fear losing their homes. JohnTory TorontosMayor AlexpiersonAMP SueAnnLevy

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

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.

BECAUSE HE'S ONLY HAD 8 YEARS

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