Toronto Mulling ‘Rain Tax’ for Commercial Sector as Part of Flood Response

Toronto Mulling ‘Rain Tax’ for Commercial Sector as Part of Flood Response
Cars are partially submerged in flood waters in the Don Valley following heavy rain in Toronto, on July 16 2024. The Canadian Press/Arlyn McAdorey
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Toronto city council has unanimously voted to review a variety of new flood prevention measures, which could include the introduction of a controversial “rain tax” for commercial property owners.

City staff was authorized by council July 25 to explore stormwater mitigation measures in response to the growing number of severe weather occurrences in Toronto. A report is due by year’s end.