Toronto Receives $660M for Subway Expansion
from Globe & Mail this morning:
City of Toronto has received $660M for its subway expansion from Building Canada Fund. The $14B Fund has been created earlier this year under Minister Flaherty, personal friend of Mayor Rob Ford. Answering questions from the press about how did it happen so fast and so easy, Flaherty responded: "Because the mayor wrote to us and asked."
I guess raising property taxes is not the only option available to municipalities. Sometimes one just needs to know the right people...
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