City Hall Watcher

City Hall Watcher

Share this post

City Hall Watcher
City Hall Watcher
How to dismantle a budget bomb
Copy link
Facebook
Email
Notes
More

How to dismantle a budget bomb

City Hall Watcher #241: The report on City Hall's long-term financial plan is out, and it spells trouble. In this issue, seven steps Mayor Olivia Chow will look to take to try to fix things

Matt Elliott's avatar
Matt Elliott
Aug 21, 2023
∙ Paid
12

Share this post

City Hall Watcher
City Hall Watcher
How to dismantle a budget bomb
Copy link
Facebook
Email
Notes
More
3
Share

I ventured over to City Hall last week for a media briefing on the state of the City of Toronto’s finances. The news, as you’d expect, is not good. The City is looking at a combined $46.5 billion capital and operating budget shortfall over the next ten years.

A slide from the media briefing presentation on the city's financial plan, showing that the city faces a $46.5 billion financial pressure over ten years
Via City of Toronto Media Briefing presentation

The City thinks it has the tools to deal with abo…

Keep reading with a 7-day free trial

Subscribe to City Hall Watcher to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Matt Elliott
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More