Good Things Always Come to an End

Poor Mississauga.

Long the diamond in terms of the very low tax increases, Toronto’s neighbour to the west has finally seen the end to good times. Why did they not see it coming? Why do we humans always ignore gathering storms?

After about 3 decades of lower than average property tax increases, including near zero for the past 10 years, it looks like this year’s will be a whopping 7% or more. WOW!

The culprits?

Lower developmental fees were cited as a big factor. Mississauga has been depending on those fees (the result of very rapid development of new homes and commercial spaces) to keep taxes low. But that rapid growth could not be sustained forever, and as the brakes go on there, homeowners will be paying more.

Another factor hinted at in the report in the Star was that roads have reach a phase were more and more of them need upgrades. This is a factor that I have talked about for decades. We build and then we do not allow for the eventual breakdown. We try to shift that to another generation, or another mayor and council.

Just think, Hazel. If you had made your last term the last one, you could have left saying every thing was rosy, and blamed the mess on the next administration!

More details in this item in the Toronto Star.

As well, several days later (it is now late Jan 19) I read this item in the Star. Mr. Hume and this Grandpa obviously see eye-to-eye on this matter!

2 Comments

  1. Stephanie says:

    I have never understood complaints about having to pay taxes. Taxes run things, like road repair and hospitals. Police and fire departments. Yes sometimes they are probably mishandled but bottom line, they are necessary!
    Stephanie recently posted…Making a choiceMy Profile

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