http://www.theglobeandmail.com/news/...ticle14061569/
the globe and mail article talks about it. Toronto's city debt is really high and a huge issue for them. Ford's suggestion he is eliminating it is overstated, for sure, but he did run a surplus this year.
I hope others join the race otherwise this garbage will continue.
Interestinly, Edmonton's city debt is also very high without Toonto's population.