How Jamaal Myers voted at council

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1. 2025.EX28.1AMENDED

   Making life more affordable for families by asking luxury-home buyers to chip in more

   The City can play a role in saving families money. Together, we’ve made choices that help, like saving families $1,200 on grocery bills through the school food program and not raising TTC fares for three years running. That’s in addition to building more affordable rental homes, and creating more free spaces - like library Sunday hours and more recreation for youth. We’ve already taken steps in this direction. When I first arrived in 2023, I ask people buying luxury homes to chip in a little more. It was designed as new graduated rates on the MLTT for high-priced homes. In 2024, it impacted only 2% of home-buyers and brought in $138 million in revenue, taking pressure off working and middle class families. That’s revenue that keeps our city running. It’s clear that the impact of our current economic uncertainty is not being evenly felt across our City. Many people are at risk of losing their jobs and finding it harder to make ends meet. Some continue to do very well. I’m asking the 2% of buyers purchasing luxury homes far beyond what average Torontonians can afford to chip in more. Those who can afford five or ten million dollar homes can afford…

   City Council · 2025-12-17 14:55 PM

   Adopt Item as Amended

   Jamaal Myers's vote: Yes

   Majority required - EX28.1 - Adopt the item as amended

   Motion result

   Carried

   Recorded tally

   17-7

   Source outcome