A new poll shows that more than 70 percent of Toronto residents approve of the performance of the city's mayor, Olivia Chow, so far.

The poll, conducted by Liaison Strategies, found that Chow received an overall approval rating of 73 percent. Among those surveyed, 18 percent do not approve of the work she has done during her first month in office.

Meanwhile, the city council received a support rating of 57 percent.

Chow, who officially took office on July 12, has spent her early days addressing the shelter crisis faced by refugees and asylum seekers. Many have had to sleep on the streets for weeks after being referred to federal programs instead of being accepted into the municipal shelter system, as the city stated it can no longer accommodate them.

During her first council meeting, Chow proposed opening additional shelter spaces for refugees and asylum seekers, which was unanimously supported. She also held a meeting with officials from the province and federal government to find long-term solutions to the crisis.

Chow later apologized for the way the city handled refugees and asylum seekers, stating that it was "unacceptable."

During her first month, the mayor also had to work on addressing Toronto's budget deficit of over a billion dollars, which can be considered the biggest challenge facing Chow.

The city hoped to bridge the financial gap with funding from the province and federal government; however, it appears Ottawa will not extend a helping hand to the city.

In response to Chow's request for funding, Federal Finance Minister Chrystia Freeland said that the federal government will remain a "committed partner" to the City of Toronto, but added that "the federal government's ability to spend is not limitless."

City staff have since presented a number of revenue tools that the city can consider to address budget pressures, including a municipal sales tax, a dedicated 911 tax, more powers for the Toronto Parking Authority to set higher rates, and a phased increase in the land transfer tax on luxury homes.

Liaison Strategies asked Toronto residents for their opinions on many of these tools, with 52% opposing the 1% sales tax compared to 43% supporting it.

Increasing the vacant home property tax rate, raising the municipal land transfer tax on homes valued over $3 million, and increasing the street parking rate received majority support among those surveyed.

The city's executive committee will consider revenue tools in today's meeting.