What is before the committee is a proposal for introducing a levy on parking spaces located on commercial property. Such levy would in effect be a form of property tax imposed on top of the existing property tax. These parking spaces are included in the assessment which MPAC does, and hence are taxed as part of the overall property. In effect we would have double taxation. TABIA sees the proposal as counter-productive, and inconsistent with other policies of the City.
You will recollect that former Mayor David Miller introduced a program to reduce the ratio between commercial and residential property tax rates. That program was approved by Council when it was realized that the very onerous tax burden on Toronto commercial property was driving business out of the City, to the extent that the commercial tax base was apt to erode.
Partying until 4AM and beyond in Toronto takes commitment. By 1:30, you've abandoned the idea of taking the subway home, and by 2:30, you're out on the street competing with everyone else for the next cab to take you home or to that after-hours spot your friend told you about. It's a scenario that is becoming increasingly common as the nightlife in major cities pushes further into the early hours of the morning.
While many celebrate the fact that the fun doesn't have to stop (quite so early), others are recognizing that it's bringing an influx of jobs and cash to downtown centers. This so-called "other 9-5" is also forcing these urban areas to consider what impact each of their night-time economies have on not only their revenue streams, but their transportation networks, public health resources, and most importantly, their citizens. In Toronto, that means considering whether subway service ending at 1:30 AM, and last call happening at 2 AM, is really what's best for everyone.
Toronto is a City of Neighbourhoods. Each block - each street - has its quirks, its idiosyncrasies, and its own individual, immutable charm.
Residents take pride in their neighbourhoods, and show it. Some neighbourhoods -- like Cabbagetown -- have their own flags. Others, like the Danforth, have their own signature street festivals. One -- the Republic of Rathnelly -- felt so much pride that it even declared independence!
That sense of place doesn't spring from nothing. It arises from the conscious effort of residents, community groups and others.
With just under 2.8 million residents, Toronto is one of the biggest cities in North America, though it hardly feels like it. Even more so than New York, the famously diverse city is less a metropolis than a patchwork of distinct neighborhoods linked by a live-and-let-live-ethos and a vibrant street culture. Long recognized as one of the most livable cities in the world, Toronto has only recently started receiving the attention it deserves as a tourist destination, and there’s never been a better time to visit. Urban renewal projects have transformed industrial zones, and an energetic dining scene churns out a steady stream of innovative restaurants. A new airport rail link, opened last year, has made it easier than ever to get into the city, and currency exchange rates are favorable. While a long weekend offers only enough time to scratch the surface, it doesn’t take long to succumb to Toronto’s charms.