Solutions to the revenue crunch
The call for a new fiscal deal is at its height. Last year, the Big City Mayors’ Caucus agreed a “fiscal new deal” is needed for Canadian municipalities – one designed to empower local governments to drive local solutions. The City of Toronto took the reins, securing a new deal with the Government of Ontario that would provide the city with up to $1.2 billion in provincial operating support over three years and significant
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