Feb 12, 2018
By Michael Kramer
GOOD NEWS FOR THE TORONTO ARTS AND CULTURE SECTOR.
COUNCIL HAS VOTED TO REDUCE PROPERTY TAXES BY 50 PER CENT – FOR SOME CULTURAL HUBS AND CREATIVE SPACES.
TRINITY-SPADINA COUNCILLOR JOE CRESSY LED THE CHARGE TO ESTABLISH A NEW TAX SUB-CLASS FOR “CREATIVE CO-LOCATION FACILITIES” SAYING THE ABSENCE OF ARTS AND CULTURE MAKES FOR AN UNLIVABLE CITY – AND ALSO HURTS THE ECONOMY.
CITY STAFF WILL MONITOR THE IMPACT OF THE NEW TAX REDUCTION – AND REPORT BACK TO COUNCIL IN 2019.
To learn about advertising opportunities with Zoomer Radio use the link below: