Posts Tagged ‘deficit’
The City of Toronto Cut Budget
The city of Toronto aims to cut 10% or $343 M from its operating budget over the next couple of years. Thank goodness we have a law in place that doesn't allow Toronto and other municipalities to run in red otherwise we would be in no better shape than Ontario province which has a record deficit of $24.7 B. The estimated fiscal shortfall [...]
Are we spending our tax dollars wisely?
"...Brentwood Library Renovation/Expansion project required an increase of $1.739 million ($1.739 million debt) to reflect rising construction costs estimates." "TORONTO, Oct 22 (Reuters) - Ontario's government said on Thursday it will run a record budget deficit of C$24.7 billion ..." What do you think, are we spending our tax dollars [...]
