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Canadian Urbanism Uncovered

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4 comments

  1. I think Toronto’s financial woes are not so much from the Province, as Mr. James points out in his article.

    Remember a few years ago, when the Mayor (Lastman, IIRC) kept saying we didn’t need a tax increase, because the city had plenty of money, and then they raided the reserves to balance the books. Now there are no reserves left, and nobody in city hall wants to commit political suicide, by trying to catch up those missed taxes from previous years.