The municipal bond market is drying up, which is causing Canadian cities to rethink their budgeting for infrastructure projects.
"With financial markets in flux and the economy slowing, municipal governments across Canada are bracing for the fallout on their budgets. Some cities are considering delaying capital projects while others are looking to trim spending. Falling house prices could also translate into less money from property taxes, a key source of revenue for all municipalities.
While most Ontario communities borrow money through the provincial government, to take advantage of its stronger credit rating, Mr. Haddad said some municipalities rely on debt markets to fund part of their operations, and the municipal bond market has all but dried up."
Read the full story: Cities gird for impact as economy falters
How the Pandemic Is Stressing the Mortgage System
As the outbreak continues, the country’s housing finance system faces a number of serious threats and challenges.
Advice to Cities Considering Bankruptcy: 'Don't Do It'
As the third California city in a month files for bankruptcy protection, fears of a domino effect worry many. While bankruptcy may seem like an enticing solution, officials that have gone through it caution about the downside.
Dubai's Formula of Tax Free Economic Zones and Mass Tourism Doesn't Work
Joshua Hammer describes his visit to the financially straitened emirate where he found "deserted highways, empty hotel rooms, miles of unsold residential and office space."
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
California plans to bury El Niño’s downpour
If the state plays its cards right, it may be able to store a billion acre-feet of El Niño’s water in aquifers.
Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
NITA’s first budget outlines $5 billion operating plan
The plan also proposes a $9.73 billion capital program for 2027 through 2031.
In Texas, data centers are swallowing promised parkland
Residents who moved to Taylor, Texas for a rural community now have to contend with three data centers in their backyard.
How a Chicago-sized wind farm beat the odds and powered on
The project spanned five presidential administrations and a standoff with a U.S. military base.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
Hunter College, City University of New York (CUNY)
The Architects Foundation
University of Cincinnati Online
City of Cambridge
Montrose County
The Pocatello Development Authority