Yonge street's famous House of Lords plans to shut down due to the huge 500% property tax increase
Yonge Street Businesses are facing extinctsion from a new 100% tax increase year on year for the next 5 years. That's a 500% tax increase that is going to cause businesses on Yonge to go out of business at a rapid pace.
The Toronto Star reported that the famous House of Lords has announced its closing. "On Tuesday, Paul Burford, the owner of House Of Lords, declared on Facebook that he was closing his studio due to increasing property taxes. He told his staff on Wednesday that the studio would close on October 1, after 51 years of operation." Toronto Star