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While the Federation of Canadian Municipalities (FCM) claims that cities receive just eight cents out of every tax dollar collected in Canada, the actual number is nearly double that: 15 cents. The FCM leaves out major sources of revenue, including transfers from provincial and federal governments, from its calculations.
According to the report’s findings, while transfer payments from senior levels of government did decrease in the 1990s, overall municipal revenue increased thereafter as municipal taxes and fees more than made up the difference.