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The Chairman Chow Regime

A looming disaster …

Will Ford sign off on Toronto’s sales tax? Council will need to make the case for revenue tool

A major piece of Toronto’s new plan to address its long-term fiscal woes hinges on the cooperation of Doug Ford, as the city faces the daunting task of persuading the premier to support a municipal sales tax.

That tax is part of a slew of new “revenue tools” proposed by city staff as a way to address over $46.5 billion in financial pressure faced by Toronto over the next decade. The city’s financial problems have been mounting for years but were made worse by the pandemic as the shelter system strained under the pressure of increased demand and transit ridership — and revenues — hit rock bottom.

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