Municipal-provincial cost sharing agreements, such as the one approved by Toronto earlier this month, are also adding significant funding. Getting the region moving again will require new sustainable sources of revenue beyond the sources currently used by municipalities. The choices will become more concrete when the Toronto city manager’s report on new funding sources is released in the coming days. First, new revenue sources should be focused on building transportation infrastructure and operating new and existing transit projects. It is up to civic leaders from the public, private, labour, academic and not for profit sectors to give Toronto City Council the support it needs.
Source: thestar November 23, 2016 15:38 UTC