Toronto has an economy as big as Sweden’s, plentiful high-paying jobs in key sectors, and a rapidly growing population. "But Toronto has reached a true inflection point," says Florida, "and the problem is not high taxes or fiscal profligacy, as many have framed it. ... Toronto’s biggest problem is its growth model, which has far outlived its shelf life."
"When a city region like Toronto – or Atlanta, Washington, Dallas or Miami – hits the 5.5 to six million mark in population, it can no longer grow based on cars and sprawl," he explains. "It has to grow upward as well as outward and has to become much more oriented to transit."
But the city's challenges aren't limited to land use and mobility. "Toronto does not just need a new and better mayor to save it. It needs a new governance system that is adequate to the new challenges it faces," Florida argues. "Part of that is clear recall provisions that allow for the ouster of a dysfunctional mayor. But it needs to go far beyond that."