Toronto’s Tax Shock: Anthony Furey Sounds the Alarm
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Toronto may be heading toward a new municipal sales tax — and columnist Anthony Furey says it’s time to pay attention.
In this episode, host Mike sits down with Furey, former Toronto mayoral candidate and journalist, to unpack what Olivia Chow’s proposed municipal sales tax could mean for residents, businesses, and the city’s economic future. Anthony explains why this new tax could make Toronto less competitive, how it impacts affordability, and why it’s part of a bigger political push to normalize higher taxes.
In this episode:
• Why a municipal sales tax could hurt low-income Torontonians most
• How this proposal could drive shoppers outside city limits
• The hidden politics behind City Hall’s “budget consultations”
• Why Toronto’s financial problems run deeper than new taxes
• What the province’s role is in approving — or stopping — this policy
Read Anthony's article here: https://nationalpost.com/opinion/anthony-furey-olivia-chow-is-plotting-anew-to-empty-your-pockets-with-a-sales-tax
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Chapters- (00:00:00) - Toronto Mayor's proposal for a municipal sales tax
- (00:03:56) - Toronto councillor on the sales tax
- (00:08:22) - Olivia Chow wants a sales tax in Toronto