Toronto – Toronto City Council approved a planned 3.75 per cent interim increase to the rates for Solid Waste Management Services (SWMS) and Toronto Water. The increases will support the continued delivery of important services such as waste management and water treatment while also funding projects to build and maintain the infrastructure needed to deliver these services. The interim rates …
Toronto proposes 2025 rates, fees for waste and water
Toronto – The City of Toronto published a staff report recommending a 3.75 per cent interim increase to the rates and fees for Solid Waste Management Services and Toronto Water. City Council’s approval of interim rates and fees in December will take effect on January 1, 2025. The recommended interim rates are established to support operations and meet infrastructure requirements …
Toronto approves interim rate increase for services next year
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
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
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 …