Commercial rent control is proposed in a new 10-year strategy to support small business tenants in Toronto, pending Ontario government approval. The strategy aims to enhance urban vibrancy, job creation, and competitiveness. It includes aligning commercial and residential tax ratios, enhancing small business protections, and supporting public space investments. A fund for businesses affected by construction and a coordinating agency are also proposed, with a $5.5 million budget for 2025.
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