Toronto Loft Conversions

Toronto Loft Conversions

I know classic brick and beam lofts! From warehouses to factories to churches, Laurin will help you find your perfect new loft.

Modern Toronto Lofts

Modern Toronto Lofts

Not just converted lofts, I can help you find the latest cool and modern space. There are tons of new urban spaces across the city.

Unique Toronto Homes

Unique Toronto Homes

More than just lofts, I can also help you find that perfect house. From the latest architectural marvel to a piece of our Victorian past, the best and most creative spaces abound.

Condos in Toronto

Condos in Toronto

I started off selling mainly condos, helping first time buyers get a foothold in the Toronto real estate market. Now working with investors and helping empty nesters find that perfect luxury suite.

Toronto Real Estate

Toronto Real Estate

For all of your Toronto real estate needs, contact Laurin. I am dedicated to helping you find that perfect and unique new home to call your own.

 

Pay a bit more – Miller tells Toronto taxpayers

Councillors endorse mayor’s controversial land-transfer and vehicle licensing fees 26 to 19 after long bitter debate

Jeff Gray – Globe and Mail

TORONTO — City council voted 26-19 to endorse Mayor David Miller’s two controversial new taxes – one on land transfers and the other on vehicle registrations – drawing to a close a months-long political drama at city hall.

Yesterday’s vote was crucial to Mr. Miller’s future political clout, after he suffered an unexpected defeat in July when council opted to defer the measures, forcing him to order unpopular budget cuts.

After a daylong debate and weeks of intense lobbying, councillors supported a compromise package, endorsed by prominent developers and the Toronto Board of Trade. The deal lessened the impact of the up to 2% land transfer tax, the more controversial of the two measures.

But the compromises, and the delay caused by the original deferral, mean the revenues the taxes will generate in 2008 – estimated yesterday by the city’s treasurer to be about $175-million – fall even further shy of filling the projected $414-million budget gap the city says it faces next year.

The mayor, who, in a move designed to appeal to fence-sitting councillors, agreed last week to convene a blue-ribbon panel to look for ways to reduce the city’s costs, denied yesterday’s development was a vote of confidence in him.

“I think it’s a vote of confidence in Toronto,” Mr. Miller told reporters. ” … I think what council did was vote for the future of this city in a way that says we’ve got confidence that our city is going to succeed, so we’re prepared to say something very hard to people: Please pay a bit more.”

About 200 people packed the public gallery when the vote was taken just before 7 p.m., and more were in the chamber as debate began. But unlike in July, most of the audience appeared to be supporters of the tax proposals organized by a coalition of labour unions and arts groups. Many, including the city’s union leaders, wore yellow scarves to show their support.

Lobbyists for the Toronto Real Estate Board, which waged a vocal campaign against the taxes, as well as some real estate agents and citizens opposed to the taxes, were on hand as well, but their numbers dwindled as the day wore on. As the mayor rose to speak in the morning, he was heckled by a realtor who was then escorted out by security.

Case Ootes (Ward 29, Toronto-Danforth), who was among the group of right-leaning councillors leading opposition to the taxes, argued that while the vote didn’t go their way, his side had defeated the mayor in the battle for public opinion: “He won the vote, but he lost the city.”

At the lunch break, Councillor Anthony Perruzza (Ward 8, York West) told reporters that he still had an “open mind” on the mayor’s tax proposals. In the debate’s dying minutes, he finally announced he was supporting the land-transfer tax, but not the vehicle tax. Councillor Maria Augimeri (Ward 9, York Centre) voted the same way.

Councillor Peter Milczyn (Ward 5, Etobicoke-Lakeshore) supported the vehicle tax but voted against the land-transfer tax.

After the taxes passed, the crowd of Miller supporters broke into sustained applause – and Mr. Miller strode over to Councillor Mark Grimes (Ward 6, Etobicoke-Lakeshore) and shook his hand. Mr. Grimes, a low-profile councillor and not a member of the mayor’s inner circle, helped craft the 11th-hour compromise that won over centrist councillors and key business leaders.

————————————————————————————————–———-

Contact Laurin Jeffrey for more information – 416-388-1960

Leave a Reply

Your email address will not be published. Required fields are marked *