New Massive Ward-by-Ward Poll Shows Support for Land Transfer Tax Repeal in 38 of 44 City of Toronto

New Massive Ward-by-Ward Poll Shows Support for Land Transfer Tax Repeal in 38 of 44 City of Toronto Wards

ID: 154523

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 06/08/12 -- According to a new massive ward-by-ward poll of almost 9,500 Toronto residents, conducted by Ekos Research, 86 per cent of City wards (38 of 44) want to see the Toronto Land Transfer Tax repealed.

"Clearly, if City Councillors respect the wishes of their constituents, repeal of the Toronto Land Transfer Tax would be easily approved by Toronto City Council. City Councillors should listen to their constituents on this issue," said Richard Silver, President of the Toronto Real Estate Board (TREB).

Detailed ward-by-ward results of the poll, conducted by Ekos Research, are provided in the attached tables and maps () () () (). The poll found that,

"There have been a lot of polls showing strong City-wide public support for the repeal of the Toronto Land Transfer Tax, but this poll is the first one that took a closer look at public opinion on a ward-by-ward basis. No matter how you look at it, public opposition to the Toronto Land Transfer Tax is strong," said Von Palmer, TREB's Chief Government and Public Affairs Officer.

The Ekos Poll was released as TREB continues to mobilize Torontonians to tell their City Councillors how they feel about this tax. TREB recently launched a new website, , to help the public communicate with their City Councillor and to learn more about this issue.

"The Toronto Land Transfer Tax is holding our City back. Together, we're building a great City, but we need to get this right. The Toronto Land Transfer Tax is no way to build a great City. It makes our City less affordable, less fair, and less competitive. Toronto is the only municipality in Ontario with a municipal land transfer tax, and the only one in all of Canada with two land transfer taxes," said Palmer. "We understand the importance of quality services to building a great city, but we believe that those services should be funded fairly and reliably."

The Interactive Voice Response poll was conducted by Ekos Research in May, 2012 with a sample of 9,459 residents of Toronto, divided among the City's 44 wards.





See Support for Repealing Toronto Land Transfer Tax (Map 1): .

See Impact of Repealing LTT on Voting Intentions (Map 2): .

See Support for Repealing Toronto Land Transfer Tax (Table 1): .

See Impact of Repealing LTT on Voting Intentions (Table 2): .

Greater Toronto REALTORS® are passionate about their work. They are governed by a strict Code of Ethics and share a state-of-the-art Multiple Listing Service. Over 34,000 TREB Members serve consumers in the Greater Toronto Area. TREB is Canada's largest real estate board.

Get the latest real estate news and Market Watch information including market watch summary video:









Contacts:
Toronto Real Estate Board (TREB)
Mary Gallagher
Senior Manager Public Affairs
(416) 443-8158

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Datum: 08.06.2012 - 10:00 Uhr
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