
Toronto Star: Mayor Olivia Chow is tightening the city’s budget. Why she insists that won’t hurt renters.
Mayor Olivia Chow says her election-year budget’s focus on financial relief for property owners does not come at the expense of renters and homeless Torontonians.
Chow, whose 2026 proposal unveiled last week includes spending restraints to hold the property tax hike to 2.2 per cent, said Tuesday: “You will see, beginning this week, everything we are doing for renters.
“It’s a substantial amount of investment.”
She made the comment in response to a question after announcing a boost in funding for the city’s rent bank, which provides no-interest loans or grants to help people escape eviction and get back on their feet financially.



