Council Updates

Budget 2024 Reinvests in Vital City Services

On February 14th Council considered Mayor Chow’s budget. The last 10 years has seen deteriorating City services as a result of lower than inflation property tax increases. We’ve all experienced overflowing garbage cans, longer wait times for transit, locked park bathrooms and roads in disrepair. That's not good enough for Toronto. 

Council had a choice this year: allow Toronto’s decline or get our city back on track. The budget was initially proposed by city staff to have a tax rate increase between 10.5% - 16.5%. I was pleased to see that the rate that was ultimately decided on was only 2.5% higher than the previous years budget. This amounts to an increase of $285 annually for the average Toronto home or the equivalent to a monthly increase of $23.75. This rate both recognized what we need to do for our city but also acknowledged the impact the economy is having on so many residents. 

New investments in the 2024 Budget include:


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City Secures Much-Needed Funding from Province

Mayor Olivia Chow and Premier Doug Ford recently announced that they had reached an agreement to that would see the Ontario government provide $400 million per year until 2026. The money will be directed toward our over-capacity shelter system, operating funding for the TTC including the Eglinton and Finch LRT projects, when they finally open, and capital dollars for new streetcars.

This funding is vital in the face of a $1.5 billion deficit heading into the 2024 budget. But it does come at a cost. I am deeply saddened that the announced agreement accepted the provinces ability to move forward on their plan to build a massive private spa at Ontario Place and acknowledges the prerogatives of the Ford government to move the Science Centre out of Flemington Park to Ontario Place. I continue to actively support both Ontario Place for All and Save the Science Centre's efforts.

Moreover, part of the funding is derived from the Ontario government agreeing to upload the Gardiner and the DVP from the City. This will free up approximately $200 million per year out of the $400 million negotiated. This is obviously a financially boom for Toronto. However, this move will likely eliminate the possibility of opening up an additional 5.6 acres in the Portlands for housing and greenspace through rebuilding the Gardiner east of Jarvis on the ground as Ford is likely to keep it an elevated expressway. 

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New Ontario Place Proposal Still Privatizes our Waterfront
 
Austrian spa company Therme and the provincial government’s revised proposal for  Ontario Place is still the wrong project for our waterfront. While the redesign has slightly reduced the footprint of the proposed facility, the project would still require cutting down hundreds of mature trees and privatizes much of the West Island.
 
While everyone agrees that Ontario Place needs revitalization, the province should listen to Torontonians and create an iconic, modern new park on the waterfront, building on the 2018 Celebration Common plan for a year-round destination public space.

 

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