Randall Denley: Don’t expect the feds or province to come to Toronto’s rescue this time

Higher taxes and fewer services likely as mayor-elect Olivia Chow tries to dig city of out financial hole

Toronto mayor-elect Olivia Chow has promised a “modest” tax increase. Unfortunately for Torontonians, even something an NDPer would call modest won’t be enough to get the city out of the financial hole it’s in.