Will We See The End of Land Transfer Tax in Toronto?

Dundas Square.

Toronto builders and realtors are waiting to see if Rob Ford keeps one of his key campaign promises when he’s sworn in as mayor – to repeal the Land Transfer Tax within the first year.

But exactly how long it will take remains a hot topic.

Ford told the Toronto Real Estate Board’s annual general meeting earlier this month the decision may have to wait until after next year’s provincial election.