Toronto approves interim rate increase for services next year

eAwazLocal News

Toronto – Toronto City Council approved a planned three per cent interim increase in rates and fees for Solid Waste Management Services and Toronto Water. This will maintain current service levels, provide adequate funds for future capital needs and will help avoid a more significant increase when the budget is approved. The interim rates and fees will take effect Monday, …

Moderate raises proposed for Solid Waste Management Services in Toronto

eAwazLocal News

Toronto – City of Toronto proposed an interim three per cent increase to the rates and fees for Solid Waste Management Services and Toronto Water. Once approved by City Council, these interim rates and fees will take effect Monday, January 1, 2024, and are temporary until City Council considers the 2024 rate-supported operating and capital budgets in February 2024. The …

Funding strategic capital projects

eAwazLocal News

Toronto – The City of Toronto is reopening its debenture offerings for an additional $350 million conventional bond to help finance critical capital projects. This is the City’s first public debenture issuance this year. This conventional bond issue, which is a reopening of a debenture originally issued in May 2022, has an all-in cost of 4.504 per cent, a coupon …