King Township 'highly competitive' in business tax ratio, Pellegrini notes

Yorkregion.com
Aug. 26, 2015

King Township Mayor Steve Pellegrini was excited about statistics published in an influential planning magazine that shows King Township is highly competitive in terms of its business tax ratio as compared to other Greater Toronto and Hamilton Area Municipalities.

In the latest Greater Toronto edition of novae res urbis (nru), among 27 GTHA municipalities, King had the seventh lowest commercial tax rate. Markham was lowest, while Hamilton was highest. In terms of industrial tax rate, King’s was fifth lowest of 27 municipalities. Markham was lowest and Hamilton was highest.

“It shows we are highly competitive,” the mayor said.