For the second year in a row, Toronto was named Canada's most sustainable large city by Corporate Knights Magazine. The Corporate Knights report, which combines information from Statistics Canada, Environment Canada and city departments, found Toronto did well on density, governance and civic engagement, the latter thanks in large part to higher-than-normal voter turnout at last year's election. But it fell short when it came to water consumption, green space and waste diversion -- though Toronto did get kudos for its Climate Action Plan and the city's green roof by-law, the first in North America.

And we thought this year's budget shortfall was a big deal.The National Post has learned Toronto faces a budget shortfall in excess of $500-million next year. Mayor Rob Ford is considering dramatic moves to end the annual structural deficit. "Anything that isn't nailed down we're going to privatize," Councillor Ford said Wednesday, which he explained as "anything that makes sense." Gosh, I hope he doesn't mean literally.

Speaking of Doug Ford, there are rumours that he'll make a run for the Etobicoke North riding in the upcoming provincial election. When asked if there was any truth to the speculation, he responded "Never say never." Should he leave, it'll mean that his brother would no longer benefit from his role as unofficial press secretary.

A revealing joint CBC News/Toronto Star investigation has discovered that the Canada Revenue Agency suspects many Canadians may have received hefty tax refunds or credits for disabilities they or their family members don't have. The news team also learned the Canada Revenue Agency (CRA) believes some companies may be helping Canadians abuse the system and potentially pocket millions of dollars in commissions.

This week's EYE probes the recent photos taken of TTC employees by its customers and the YouTube footage taken at the G20, and asks: Is an army of camera-wielding citizen vigilantes really our best public service monitor?

IN BRIEF:

• Indie Toronto filmmakers launch rewarding campaign
• Stretch of University-Spadina subway closed again this weekend
• Raptors killed by Spurs