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City Overhaul Proposed in Toronto

Experts are calling for a major revision to the city operations of Toronto, suggesting the creation of region-wide toll roads, increased taxes and

"A panel of independent experts is suggesting a revolutionary overhaul of the city of Toronto's operations, including higher residential property taxes, a parking lot tax, regional road tolls, selling of surplus city lands, improving city worker productivity and raises for some politicians.

The report released this morning by the six-member panel recommends:

* Trading the Don Valley Parkway and the Gardiner Expressway to the province in exchange for a share of regional road tolls;
* Getting the province to provide $200 million of annual funding and long-term, stable financing to Canada's most populous city;
* Selling off some of the city's estimated $18 billion in real estate assets to help slash its debt load;
* Giving pay hikes to members of city council's powerful executive committee."

Full Story: Raise taxes, sell land: City report

Comments

Comments

Efficiencies need to be

Efficiencies need to be regularly adopted to ensure that all opportunities for savings are taken. Sometimes it just takes too long between the spring cleanings that it feels like a big change. I think the unions may have some serious complaints about the proposal to outsource or otherwise tasks currently handled by unionized employees.
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Mike - UrbanWorkbench.com

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