{"id":1566,"date":"2007-02-27T13:45:48","date_gmt":"2007-02-27T17:45:48","guid":{"rendered":"http:\/\/spacingtoronto.ca\/?p=1566"},"modified":"2007-02-27T20:41:19","modified_gmt":"2007-02-28T00:41:19","slug":"toronto-summit-take-a-penny-leave-a-penny","status":"publish","type":"post","link":"https:\/\/spacing.ca\/toronto\/2007\/02\/27\/toronto-summit-take-a-penny-leave-a-penny\/","title":{"rendered":"TORONTO SUMMIT: Take a penny, leave a penny"},"content":{"rendered":"

<\/p>\n

Spacing has Julie Yamin reporting from the two-day Toronto Summit conference.<\/em><\/p>\n

– – – – – – – – –<\/p>\n

Just a few moments after the morning workshops ended on day-one of the Toronto Summit 2007, Mayor David Miller<\/a> unveiled to the crowd his One Cent Now<\/a> campaign aimed at creating permanent funding for cities across Canada.<\/p>\n

In a nutshell, what the Mayor is proposing is that the federal government return one cent of the existing GST to municipalities. This has the opportunity to secure Toronto and other municipalities all across Canada with a reliable source of funding that will grow as the economy grows.<\/p>\n

\u00e2\u20ac\u0153It’s a call to the federal government to correct the real fiscal imbalance in this country — the one that exists between our national and local governments,\u00e2\u20ac\u009d said the Mayor [ read reaction from the Finance Minter Jim Flaherty<\/span> here<\/a> and Royson James’ take on the campaign here<\/a> ]. \u00e2\u20ac\u0153It is time for the federal government to give a penny, not just take a penny,\u00e2\u20ac\u009d because an investment in cities is an investment in all of Canada added the Mayor.<\/p>\n

In a 2005 report from the Conference Board of Canada<\/a>, it was determined that Toronto faces and annual $1.1 billion fiscal gap. Toronto has a big hole between infrastructure, operating expenses and revenues. Essentially, this means needed repairs cannot be done, nor can new project be taken on if the situation remains the same.<\/p>\n

According to Mayor Miller, by returning one cent of the GST to municipalities, Toronto looks at receiving over $400 million in 2007, we’re looking at $5 billion annually across Canada. This isn’t only going to aid the major metropolitan cities, funding will be given to all municipalities in Canada, from Victoria to Halifax.<\/p>\n

\u00e2\u20ac\u0153This is funding we require urgently. Funding that will help meet critical needs such as housing and shelter, better transit, safer streets and cleaner, stronger neighborhoods,\u00e2\u20ac\u009d said Mayor David Miller during his lunch break speech.<\/p>\n

This is the funding Toronto is searching for to play out the three needs the Mayor campaigned on in the 2006 Election<\/a>; a national transit strategy, realignment of the roles and responsibilities between cities and provinces and create a source of revenue that grows side by side with the economy. This last need hits the one cent campaign right on the nose.<\/p>\n

The municipal government receives only eight per cent of all taxes collected in Canada, which is quite stingy when compared to the fifty per cent the federal government cashes in on. Canada needs to find a better balance. If cities are to continue paying for the social services provided to its residents, than the province and Canada need to step up and realize that \u00e2\u20ac\u0153One Cent Now isn’t about greed, it’s about growth. And above all, it’s about fairness. It’s not a bailout. It’s not a handout. It’s our money.”<\/p>\n

Not everyone at the Summit agreed with the Mayor. City councillor Dezil Minnan-Wong says “The city has been disappointing residents, they are not innovative and not creative.” He adds that Toronto city management is outdated, “how can we ask Ottawa for money when we haven’t cleaned up our house?”
\nMinnan-Wong says it is time for Toronto to clean house and start spending efficiently, because in his opinion, “Miller is in bed with the unions.”<\/p>\n

Although Mayor Miller agrees that he is sympathetic to unionized workers, “I think people should be properly paid for the work they do.” He says a great deal of that is caused by Toronto’s high cost of living when compared to other municipalities in Canada.<\/p>\n

photo from Toronto Star <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Spacing has Julie Yamin reporting from the two-day Toronto Summit conference. – – – – – – – – – Just a few moments after the morning workshops ended on day-one of the Toronto Summit 2007, Mayor David Miller unveiled to the crowd his One Cent Now campaign aimed at creating permanent funding for citiesContinue reading “TORONTO SUMMIT: Take a penny, leave a penny”<\/span><\/a><\/p>\n","protected":false},"author":4031,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ngg_post_thumbnail":0,"_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[2],"tags":[457,1349,655,4581,425,4695,651,109,4684,426,4696,346,844,19,341,391,1681],"class_list":["post-1566","post","type-post","status-publish","format-standard","hentry","category-politics","tag-canada","tag-cent","tag-city-councillor","tag-conference-board-of-canada","tag-david-miller","tag-dezil-minnan-wong","tag-federal-government","tag-halifax","tag-julie-yamin","tag-mayor","tag-municipal-government","tag-ottawa","tag-social-services","tag-toronto","tag-toronto-star","tag-usd","tag-victoria"],"acf":[],"yoast_head":"\nTORONTO SUMMIT: Take a penny, leave a penny - 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