Learn all About Budget 2021!

COVID has had a devastating impact on the city’s budget, increasing costs and reducing revenue. Although the federal and provincial governments have provided funding to cover some of the costs, Toronto has been left with a budget hole of almost $1 Billion.
We are, thankfully, legally obliged to approve a balanced budget, with no deficit for operating expenses. So the Budget Committee, which begins deliberations next week, needs to find a way to fill the whole.
Certainly, we expect the other levels of government to cover the …
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