32 h. ago Toronto mayor weighs raising tax on home sales over $3M as budget season begins

Chow's office said this week she was targeting an incremental increase to her so-called luxury homes tax to try and raise $152 million for city hall's coffers.

Economics

34 h. ago Calgary city council 2026 budget passes, approves 1.64% property tax increase

Calgary city council voted in favour of a 1.64 per cent property tax increase, which is anticipated to cost the typical homeowner an additional $4.50 monthly.

Economics

34 h. ago Carney ‘will have to answer’ questions after tax credit flip

A British Columbia Liberal MP said Prime Minister Mark Carney "will have to answer" questions on why he reversed a budget commitment on tax credits in Alberta energy deal.

Economics

48 h. ago Surrey mayor warns of 18% property tax hike if new police budget approved

But her opposition councillors and the police board are saying she is getting too ahead of herself

Economics

48 h. ago Surrey mayor says police board budget increase ‘unacceptable’ for taxpayers

The Surrey Police Board is seeking a $91 million increase over the previous budget, which would be an 18 per cent property tax increase for taxpayers.

Economics

49 h. ago Council finally approves 2026 budget, outlining 1.64 per cent tax hike

Mayor Jeromy Farkas said for the average homeowner, the tax increase will be $103 less than the budget originally proposed, down from a $13.11 monthly increase to $4.50

Economics

3 d. ago Calgary city council makes cuts to proposed property tax increase

The budget proposed an overall property tax increase of 3.6 per cent, but Calgary city council has whittled that down to 1.18 per cent so far.

Economics

4 d. ago UK leader Keir Starmer backs his Treasury chief over claims she misled the public about the economy

LONDON (AP) — British Prime Minister Keir Starmer on Monday defended his Treasury chief against opposition claims that she misled the public and the markets about the state of the public finances before last week’s budget. Starmer said “there was no misleading” in the run-up to Chancellor of the Exchequer Rachel Reeves’ tax-hiking budget, which […]

Politics

6 d. ago Saskatoon city council passes 2026 budget with 6.7% property tax hike

Saskatoon city council passes next year's budget with residents footing a 6.7 per cent property tax hike.

Economics

7 d. ago The LFP Podcast, ep. 222: What to know about London's 3.4% tax hike for 2026

Rachel Gilbert spoke with Jack Moulton, who broke down the details of London's 2026 municipal budget

Economics

8 d. ago Bulgaria withdraws 2026 budget proposal following street protests

SOFIA, Bulgaria (AP) — Bulgaria’s government announced Thursday that it is withdrawing its 2026 draft budget, following street protests at home over steep tax increases included in the budget, and warnings from abroad. The surprise move was announced by the leader of the ruling center-right GERB party, Boyko Borissov, who asked the government to restore […]

Economics

9 d. ago Reeves Raises UK Taxes by £26 Billion in Day of Budget Chaos

Chancellor of the Exchequer Rachel Reeves announced £26 billion ($34 billion) of tax increases, in a budget that sought to balance the demands of both bond traders and restive Labour backbenchers.

Economics

9 d. ago Vancouver city council approves $2.39 billion operating budget with property tax freeze

Speaking moments after Tuesday's budget vote, ABC Vancouver Mayor Ken Sim said: 'This is a change. We're changing the direction of the city'

Economics

1 week ago London's 2026 budget: Why city council is covering health unit debt

London city council has shown its support for helping pay off the Middlesex-London health unit's relocation debt

Economics

1 week ago As city council eases tax hit in election year, is that good enough for voters?

It’s no coincidence city council has fought hard to bring down London’s 2026 tax hike for what will be their last budget before a civic election, one expert says, but previous sky-high increases may still haunt them at the polls. While still subject to approval at a special council meeting on Nov. 26, budget talks […]

Politics

2 w. ago ‘May have to lose my house’: Concern as Halifax considers double

Halifax councillors say they're getting an earful from residents who are concerned about a possible double-digit hike in property taxes in the next budget.

Other

2 w. ago Details for second annual London police chief's gala announced

A date and the beneficiaries have been announced for the second annual London police chief’s gala. The event will be held on Feb. 12, 2026, at RBC Place London in support of Bethanys Hope Foundation and Victim Services of Middlesex-London. Chief Thai Truong selected Victim Services of Middlesex-London – a non-profit that provides support to […]

Events

2 w. ago 2026 London budget: Politicians agree to pay off health unit's moving debt

Deliberations for London’s 2026 municipal budget update got underway Thursday morning, with city politicians endorsing more roads funding, and paying off a Middlesex-London health unit debt related to its relocation. At the city hall debate, city council members, meeting as the budget committee, voted to add back in a little more than $100,000 in annual […]

Politics

2 w. ago Inside London’s 2026 budget: Tax relief, road repairs and health unit debt

"I've heard multiple people around this room say people need relief now, this is a way to give people relief now," said Mayor Josh Morgan.

Economics

2 w. ago London city budget: Citizens weigh in as proposed 3.6% tax hike looms

Ahead of formal budget talks later this week, 21 Londoners visited city hall on Tuesday to let politicians know their thoughts on the London’s 2026 budget update. LFP’s Jack Moulton reports. WHERE DO THINGS SIT NOW? As of the release of Mayor Josh Morgan’s 2026 budget update, Londoners are faced with a 3.6 per cent […]

Economics