I have no doubt he will bail out the shortfall. Its whether he decides to fund some of the other things that is the difference.
Olivia Chow wins!
- Thread starter Frankfooter
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You really think Doug will bail out Toronto's 1+ billion shortfall?
If he does other cities will be lining up looking for the same deal.
He has too. Cities can't legally run deficits. And he already planned to with Tory. And yes, he has a 22 billion surplus at the moment. Which he will use for all of them.
The city running a deficit isn't the provinces problem. Any mismanagement of city funds is the cities fault.
Depends. Downloading. Funding of projects. Either way it will happen. It always has in the past.
It is, Ford has been offloading services and Tory is paying for some Metrolinx projects which are provincial jurisdiction.
City has millions in a reserve fund. Use it and cut services and increase property tax. Like every other city.
Sure, you can argue these points. But that isn't what will happen. There will be some negotiations, hand wringing for constituents, a few dig whistles to both left and right types. Then it will be paid for with both standing at a podium in a scrum talking about mutual respect, all for the people, a win-win and other blather.
Then budgets will start to come up in March for both and the show starts again.
John Tory depleted the City Reserve Fund to $0.00.
He starved services and maintenance throughout his two terms and increased the property tax by 7.2% for the 2023 budget.
And he still left a $1.23billion hole in the 2023 budget as a parting kiss of death to the Toronto allegedly loves so, so much.
Phone the City of Toronto's Budget Hotline Tips number at 416-INO-SHIT and tell them where to look for all those millions in the reserve fund.
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Cities don't exist as Constitutional entities.
They are the creation of provinces.
Hence, the province is ultimately, Constitutionally and financially responsible for cities
.
No, because I could not stand Del Duca. I know him personally and I do not like the man. I thought Doug did a good job working with Justin through Covid even though he was going against his own base. He came in like a pitbull when he first won office and really tamed down his act but with Ms. Crombie entering the fold, my vote is completely up for grabs. I think she will reignite the Provincial Liberal Party.
I'm not going to whine about your property tax about to be jacked up.
I wouldnt put it past her as her and Layton were pulling in 6 figures then yet thought they were entitled to live in subsidized housing.
She has no concept of of running anything and we just have to look south of the border to see how disastrous their large cities have become when run by Democratic Mayors who spend money that isnt there yet crime runs rapport and their cities crumble. She will act like taxpayers money is her slush fund and as she doesn't have a car yet along even a drivers license look out .
I do agree with her that Toronto residents are not paying near enough property taxes relative to other municipalities and for the services they want. No one wants to pay more in taxes but that will have to happen.
Federal /Provincial money will be needed but hopefully there will be strings attached so the rest of the city isnt turned into bike lanes that arent used or the rest of the city parks turned into encampments.
Toronto disproportionately pays more than they receive both Federally and Provincially but she is the wrong Mayor to rectify the situation.
As Winston Churchill said " democracy is the worst form of government -except for all of the other ones that have been tried"
Unfortunately it was ludicrous to have 102 candidates that just split the vote. The answer would be to have the top 2 vote getters Chow and Ana have a run off that would more accurately determine who is the peoples choice as cooler heads would have prevailed as they do it in some European cities bur alas we don't have that in place.
She's not even in power yet and has had nothing to do with any policy. LMAO, you guys are a hoot. The whining is awesome.
Take it easy on this poor lug.
He's a former Trump Enterprises accountant attempting to burnish his credentials on TERB.
"Bazokajoe? Hardly knew the guy. A coffee boy. The Meryl Streep of accountants, way overrated."
