Opinion | Olivia Chow’s property tax plan might add up, but she needs to show us the math

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Olivia Chow’s property tax plan might add up, but she needs to show us the math. Fear-mongering by Olivia Chow’s opponents about her property tax plan hides the fact that few of the candidates have fully costed their plans. Opinion by GraphicMatt

, for example, that a Chow pledge to “significantly improve transit service” will mean an automatic and immediate five per cent increase, even though Chow has offered no such figure and it’s obviously possible to improve transit service for significantly less than that.

Another six per cent of Bradford’s dubious math is chalked up to “additional promises Olivia Chow is going to make between now and June 26.” In other words, a wild guess. Much of the rest of Bradford’s math relies on a bizarre assumption Chow would pay for long-term capital projects via the operating budget.

Meanwhile, Bailão’s concern about 90-year-old Peggy getting thrown out of her home is already addressedAnd Saunders’s casting of Chow’s plan as a great mystery is belied by the fact that Chow has done a pretty good job of providing costing for her platform policies.that will have an impact on your property tax bill are a 0.33 per cent increase to support her housing plan, a 0.3 per cent increase to expand the nonpolice program for people experiencing mental health crisis, and a 0.

So Chow’s promises might come out to around 4.25 per cent on top of inflation. Some of this — especially the transit service restoration — could be phased in over a couple of years, but even if not, on the average household that’s an impact of about $11.76 per month on the average property tax bill. That doesn’t strike me as a particularly scary number. Especially since those most vulnerable to increases —

 

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