Toronto News 2025. In a 19 to 5 vote, council approved the property tax rates for 2025, which includes a. In 2024, toronto’s engineering & construction services division completed more than 100 capital projects, spending more than $1 billion building and renewing essential.
Toronto’s 2025 budget includes a provision of $300 million to address increased costs from potential union agreements and contracts. Today, mayor olivia chow and councillor shelley carroll (don valley north), chair of the budget committee, announced details of the city of toronto’s 2025 budget.