January 10, 2023

This morning, the City of Toronto’s 2023 Operating and Capital Budget was presented to the Budget Committee. Some highlights of Budget 2023 are as follows:

  • The proposed 2023 budget will work to protect frontline services without making the affordability crisis worse for Torontonians.
  • This budget demonstrates my and Council’s commitment to building housing, delivering on transit, keeping our communities safe, and investing in the services that our residents rely on every day.
  • As part of the 2023 budget we are proposing investing $2 billion in housing, increasing the TTC budget by $53 million, increasing the Toronto Police budget by $48 million, increasing investments into Community Crisis Service by $3.15 million to a total of $17 million, and investing in nuts-and-bolts city services like snow removal, public washrooms in parks, and the Toronto Public Library.
  • Recognizing the significant challenges our City is facing with this budget, and the current affordability crises in Toronto, we have worked hard to keep any increases below the rate of inflation—that includes water and solid waste management fees, single transit fares, and property tax increases for both residential and commercial properties.

Members of the public can sign up to depute at a number of public consultation meetings throughout the city. Speakers are asked to register by email: buc@toronto.ca or call: 416-392-4666 by 4:30 p.m. on Monday, January 16. Individuals may only make one presentation. Registered public speakers will be provided with instructions on how to appear at the Committee meeting. The meeting will be streamed live on the Toronto City Council YouTube channel.

Written comments can be submitted to the Budget Committee by email: buc@toronto.ca or by mail: Attention Budget Committee, Toronto City Hall, 100 Queen St. W., 10th floor, West Tower, Toronto, ON M5H 2N2.