TORONTO, Nov. 30 /CNW/ - The long awaited vote to put a tax on billboards with the funds going to art and enforcement is expected to begin on Dec. 1 at 9:30am.
All eyes are on Council following the release of a new EKOS Research poll that found 70% of Torontonians support such a tax. The polling also shows that a clear majority are less likely to support the tax if it does not end up supporting the arts. Fully 80% of Torontonians also believe that government investments in arts and culture improve the local economy. The results are based on 700 respondents and are valid +/- 3.7 percentage points 19/20. View at: http://www.beautifulcity.ca/ekos.pdf
On Friday, The City of Toronto also released a report by Ryerson University economist Professor David Amborski, refuting many of the claims made by the billboard industry. The report concluded that the proposed billboard tax represents less than 7% of gross industry revenues, that the research methodology of OMAC's Altus Report was flawed and that the tax will not negatively impact the economy. View the report here: http://tinyurl.com/ylcy5c8
Beautifulcity.ca will also present a petition that includes over 4300 signatures in support for the billboard tax for art and enforcement. For comparison, this is over twice the number of names submitted against the Land Transfer Tax.
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