For years, the City of Toronto has been deliberately taking in less revenue while expanding infrastructure and services. Forget the “efficiency” bullshit—this has largely been made possible through unsustainable and unreliable funding sources. In this new report, top City bureaucrats warn City Council that they can’t postpone tough decisions any more.
Here’s the full report. It’s like 40 pages. Are you gonna read it? Hell, no! So here’s the gist.
Continue reading Let’s Read: Toronto’s Long-Term Financial Direction