http://m.thestar.com/#!/news/massive-property-tax-hike-forces-yonge-st-m...
This kind of stupidity is why we need a plan in this country to replace property taxes.
I prepose a mix of Reestate Speculation tax aka a tax on properties that are empty most of the year, absorbing proporty taxes into income taxes corporate taxes and creating a redistrubing formula back to Municiplatities based on a mixture of population and need.