Thread by @ronmortgageguy

Property Taxes Go Nuts Across Canada: Cities & Towns Can NEVER Reduce Spending

Mayor Chow announces a 10.5% Property Tax increase & unless her attempt to Blackmail the Feds into a $250M payment works she says she will need to bump the increase to 16%

Even in low tax Alberta

2/

Is up 7.5% to 10% in Calgary

God help the people of little Osoyoos BC where property tax jumped 38%

All Canadian cities will see big bumps

Naturally Mayor's across Canada blame inflation & other levels of Government

Bank of Canada Governor Maclem tears up a bit

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As both the US CPI Report & all these huge Canadian Municipal Tax increases prove inflation isn't dead yet

It's interesting NOT ONE Mayor discussed aggressive ways to reduce spending to reverse these huge increases

Why is that never a topic? It never crosses their minds

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Today Governments at every level believe the public will just accept endless deficit spending & tax increases

Politicians believe Canadians have stopped caring & let's face it there's endless protests in the streets about war in other countries but zero pushback on taxes

5/

Canadians are completely complacent on ridiculous government waste, payroll increases & endless headcount growth

There is a cost to not caring about how inefficient, ineffective, wasteful & careless government are with taxpayer's money

It's crazy really: zero accountability

6/

The Toronto Crosstown LRT is so screwed up: its Billions over budget, multiple years late & NO ONE can tell you if or when it will ever finish

And the guy in charge of that insanity didn't get fired he got his contract EXTENDED