Tory talks housing with feds
Toronto Mayor John Tory says his meeting today with the federal and provincial finance ministers is an important step in dealing with the city's housing affordability problem.
Tory says he plans to discuss the city's lagging rental supply, the possibility of a tax on vacant properties and the lack of real estate data.
He says the issue is a complicated one and he wants to avoid taking any steps that could upset the marketplace.
Today's meeting will mark the first time that Tory, federal Finance Minister Bill Morneau and provincial Finance Minister Charles Sousa will gather for face-to-face talks on the issue.
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