Montreal's final budget under Mayor Plante increases spending by 4.2%, raising residential taxes by 2.2%.

Montreal's final budget under Mayor Valérie Plante totals $7.28 billion, a 4.2% increase, with residential property taxes rising by 2.2% on average. The budget prioritizes spending on housing and public transit, allocating $762 million for transit and $46 million for housing. Non-residential property taxes will rise by 1.9%. Critics argue the budget doesn't adequately address congestion and homelessness, while the city plans to build thousands of off-market housing units and cut $200 million in annual costs.

November 20, 2024
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