News Flash
OneToronto says Toronto isn't broke
OneToronto, the coalition of environmental, arts, labour, and social justice groups formed a few weeks ago, says Toronto's finances aren't out of control, stupid.
The campaign hosted a press conference this morning with the message of injecting some positivity into the mayoral race. "Toronto is our home and you don't trash talk your home," said Peggy Nash of the Canadian Auto Workers union and a board member on Invest Toronto -- even if there's something wrong with it.
OneToronto touted the fact that Torontonians pay the lowest property taxes in the GTA and that the city had a $355 million operating surplus last year. It seems what wasn't mentioned, however, is that Toronto has relied on cash injections from Queen's Park to balance its budget for years.
Not quite sure that denying glaring issues is the way to inject more "positivity" into the campaign.
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So I should pay more tax for my 1920s semi-d with a 16' wide lot to make a guy in Oshawa with a 1990s 2,000sqft and a three-car garage with the same MPAC valuation feel better?
in toronto we rely on property taxes for 90% of our budget. why? because cities are still governed by the 1800s British North America act. we are at the mercy of the provinces. we can't collect our own taxes. we have to beg the province and country to Pretty Please Give Some of The Tax Money We Earned for You All back. please.
toronto does NOT receive what it contributes back in operating budget. let's face it, the city is canada's economic engine. we are treated like its shit-heap.