Comment 112138

By CharlesBall (registered) | Posted June 09, 2015 at 16:17:27 in reply to Comment 112136

"For a business, property tax is a relatively small portion of costs compared to renting or buying, which are both much cheaper in Hamilton than Toronto (for example)."

This is not necessarily true. A $500,000.00 store front business must generate about $18,000.00 in taxes in Hamilton. Throw insurance, water and sewer etc. on top and you can see how a small store, barbershop, clothing store etc. will struggle with the taxes.

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