Time for Toronto to get angry

ELPHIDELPHI

Christopher Hume, The Toronto Star | Full Story | How appropriate that Toronto City Council should defer new taxes and that the TD Bank should release a report about the city’s economic decline on the same day.

In case there was any doubt in anyone’s mind, the GTA is not doing well. Indeed, its role as Canada’s economic powerhouse is threatened. And not just because Alberta has oil.

What we’re seeing now are the results of a decade of provincial and federal neglect—even penalization—of Toronto.

Not that the proposed municipal taxes were necessarily good for the city. Many would argue that both the land transfer tax and a vehicle registration fee are best levied by the province, and applied across the board. Though the McGuinty Liberals have taken steps to promote intensification, mainly through the Places to Grow Act and Greenbelt legislation, there’s much left undone. >>

Published 07.07.19 02:00:00 -0500 GMT | Posted by Andrew Garib on 07.07.19 | |

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