The City’s Budget and Fighting Trump’s Tariffs
The “strong mayor” powers recently imposed on Toronto by Doug Ford have drastically altered the City’s budget process. Previously, property tax increases were voted on by Council separately from service and infrastructure investments, and it was "Council's budget". Now, due to the strong mayor powers, it has become “the Mayor’s budget” – where essential service investments on roads, transit, and housing are delivered by the mayor – and Council no longer is able to vote on the budget itself. This "Strong Mayor" power was a decision by Premier Ford that I believe is fundamentally wrong. While there are some aspect’s of the mayor’s budget that I support such as investing in the TTC, affordable housing, and libraries, I am not happy about the inability to vote on these service improvements separately from the tax rate.
We are undoubtedly living in unprecedented times. The cost of living has been persistently high, with too many Torontonians struggling to afford basic necessities like food and housing. With the imminent threats of U.S. tariffs, Canada faces the real risk of having prices for basic goods rise even further. During times of uncertainty, it’s critical to be strategic, thoughtful, and purposeful. That’s how I want Toronto to respond to Trump’s reckless threats, to ensure that we have a robust plan meaningfully support our economic sectors and residents who will be most affected. That’s why I moved a motion that will protect for a “tariff reserve fund” to allow the City to provide future strategic investments and supports to both businesses and residents who would be most affected. I know it is critical that the City provide financial relief to those who need it most, ensure that every tax dollar is spent thoughtfully and invest in the services and infrastructure people rely on.
|