Mayor John Tory and Premier Doug Ford appear headed for a showdown over the financial impacts of Ontario’s new housing bill.
A day after Tory demanded the provincial Progressive Conservative government make an ironclad promise to fully compensate Toronto for any development charge revenue the city loses as a result of the legislation, Ford asserted the bill will have no ill effect on municipalities’ bottom lines, and accused Toronto of mismanaging the revenue it already collects.
Huge waste is a given in all things government.
