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Podcast: This Matters
Episode: Star investigation reveals troubling tax trend hitting Toronto’s cheapest homes while mansions catch a break
Description: Guest: Kenyon Wallace and Diana Zlomislic, investigative reporters A new Star investigation has revealed that owners of some of Toronto’s cheapest homes might be paying disproportionately more in property taxes than those living in luxurious mansions. Analyzing roughly 12,000 homes sold in 2016, Star reporters found the burden of this tax inequality is shouldered by those with the least-expensive houses, while owners of some of the city’s richest homes in fancy neighbourhoods get a break. Who tallies up the bill? It is the Municipal Property Assessment Corporation (MPAC), a publicly funded agency, who carries the task of valu...