GraphicMatt
Looking forward to a FRESH START for Toronto
IMO, unless Toronto wants to become its own province, it doesn't need its own land transfer and vehicle registration taxes. It can play by the same rules as other municipalities in Ontario play by.
This is weirdly arbitrary. Toronto is the largest city in Ontario and Canada and as such bears the burden of funding programs that other municipalities don't. It's very uncommon for large cities to rely heavily on property taxes for revenue. (For comparison: the top 35 largest US cities take, on average, about 18% of their operating revenues from property taxes; in 2011, Toronto took almost 40%.)
No one faults New York City for having municipal taxes and fees that Albany doesn't.
Diversification of revenues is a good thing, and you're likely to see other municipalities start looking at their own MLTTs as their infrastructure matures and costs get higher.