Canada · 13 h ago
Taxiarchos228 · CC BY 3.0 · Wikimedia Commons
Ford government pushes back on Toronto's bid for a new deal
Finance Minister Peter Bethlenfalvy says the province will keep digesting the first deal: "they're always expecting more."
Operating support under the 2023 deal
1.2 $ billion
The 2023 deal gave Toronto $1.2 billion in operating support over three years and expires in 2027. Municipal Affairs Minister Rob Flack says no decision has been made, but no new money is coming "right now".
And us?
Ontario deficits, 3 yrs
$36 billion
Toronto shortfall, 2027
$1.1 billion
Ontario projects $36 billion in deficits over three years. Toronto projected a $1.1 billion shortfall into 2027.
