Toronto City Council Approves $18.8B Budget with Tax Hike and Police Funding Boost
Toronto City Council has approved the 2025 budget in a 19-5 vote, passing an $18.8 billion operating plan with a 6.9% property tax increase. While the budget expands investments in transit, housing, and emergency services, a significant funding boost to Toronto Police has sparked debate. Mayor Olivia Chow and Budget Chief Shelley Carroll defended the budget, calling it a “responsible and forward-looking plan.” “We are investing in what matters most: building homes faster, feeding more kids, and keeping Toronto moving,” Chow stated. For Regent Park and the downtown east, the budget carries major implications. It freezes TTC fares while adding 500,000 service hours, expands school food programs, and waives development fees to accelerate affordable housing. However, the decision to allocate more resources to Toronto Police over social services drew criticism from some councillors and residents. Protesters interrupted the meeting, voicing concerns over the prioritization of policing over c...