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Toronto Mayoral Candidate Chow Touts Plan to Increase Tax on Expensive Real Estate to Build Affordable Housing

TORONTO—Olivia Chow, a former federal NDP MP and now one of the frontrunners in Toronto’s municipal by-election, reiterated her campaign promise on May 24 to increase taxes on expensive real-estate purchases in the city and use the public revenue to build more affordable housing units if she is elected mayor.

Chow made the comments during a mayoral debate hosted by the Toronto Alliance for Performing Arts at the Young People’s Theatre in downtown Toronto on May 24.

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