GROWTH & JOBS
• Toronto economy bouncing back, report says [ National Post ]
• City’s economy growing, but jobs aren’t [ Toronto Sun ]
• Solid growth expected for Toronto, Hamilton [ Toronto Star ]
• Toronto’s debt not sky high, Moody’s says [ Toronto Star ]
• Vancouver expected to lead growth, but Toronto, Hamilton close behind [ Globe & Mail ]
CITY FINANCES
• Mayor’s executive committee endorses operating budget [ Globe & Mail ]
• City officials paint grim financial picture [ National Post ]
BILLBOARD TAX / ARTS FUNDING
• City to study increase in arts funding [ National Post ]
• Budget chief wants revenue from new billboard tax to support the arts [ Globe & Mail ]
• Artists left starving for billboard bucks [ Toronto Star ]
PATH SYSTEM
• PATH maps could come to subway [ National Post ]
• Scariest section to receive facelift [ National Post ]
INFRASTRUCTURE SPENDING
• Harper and McGuinty pledge millions for Ontario roads-everywhere but Toronto [ Toronto Life ]
• PM comes with money, but it’s not enough for Hazel McCallion [ National Post ]
OTHER NEWS
• Psychogeography: Let’s talk about the weather [ Eye Weekly ]
• The Toronto flag [ Eye Weekly ]
• Your City My City: Time for a shakeup at city hall [ Toronto Star ]
• Council goofs: corner needs breathing room, not more retail [ Now Magazine ]
• Ryerson’s digital think-tank sparks inventions [ Toronto Star ]
• Police reverse decision on Toronto officer’s book [ Toronto Sun ]
• Officer will not be sanctioned for book [ National Post ]
• Bootleggers boxed in [ National Post ]
• Small army to protect Toronto during G20 summit [ Globe &Mail ]
• The Fixer: Spring’s in air, trash is on ground [ Toronto Star ]
• Toronto Humane Society aims to adopt every animal by Sunday – but one [ Toronto Star ]
• Thorncliffe goes Dufferin Grove – can the city handle a local-control epidemic? [ Now Magazine ]
2 comments
The news that the PATH is to be properly extended through the City Hall parking garage is welcome, as the Sheraton/car park/City Hall interface is truly awful at present.
City forewarned of whopping property tax hikes.
Torontonians are facing average annual property tax increases of more than 10% for four years in a row unless the city can find new revenue sources.
Without new funding sources or asset sales, the following four years of tax increases could boost the average Toronto homeowner’s bill to more than $3,500 by 2014.
However, Toronto’s residential property taxes still tend to be lower than those in neighbouring communities.
http://www.torontosun.com/news/torontoandgta/2010/04/07/13502391.html
—
This really shouldn’t be news though. The short term gain of having the lowest residential taxes and the highest non residential have played themselves out and can be concealed no longer. I warned about this on my blog 2 1/2 years ago…..
It seems that higher residential property taxes are inevitable, the only choice seems to be do they come earlier while keeping jobs or later when they are gone?
http://southofsteeles.blogspot.com/2007/09/what-did-we-miss.html