Well, it's not only the property tax, but the land transfer tax in Toronto is twice as high as anywhere else in Canada. Just for the sake of it. You can wake up the next day, just to find another $70 yearly tax because you have a car. Just something to cover their expenses with. The province of Ontario (which is Liberal) recently found that it would be very beneficial to tax all goods and services 13% (and it was just 5% or 8% on some goods and services before July 2010). Mostly, the new increase influenced the fuel costs, but, hey, the basement dwellers don't have to drive, do they? And so on. The Conservative federal government had been reducing their tax (from 7% down to 5%) and the Liberal provincial government is happy to cancel that positive economic effect because, hey, now people got some money available, so why not?![]()