November 30, 2017
CBC News
John Rieti
Toronto’s 2018 budget is balanced, but missing $41M for big plans council has OK’d
Toronto city officials unveiled a balanced budget on Thursday morning that relies heavily on profits from a tax on home sales, but councillors were quick to question why key initiatives they approved were not in the budget.
Councillors pointed out the proposed 2018 budget doesn’t [include] some $41 million worth of initiatives, including most of the city’s poverty reduction strategy, the TransformTO climate change plan, and allowing two-hour transfers on the TTC — something Mayor John Tory has already announced will be happening.