August 10, 2018
Mayor Tory called TO Prosperity “one of the most important commitments” of council.
Toronto has the highest child poverty rate among large Canadian cities. It also has the widest gap between rich and poor, with stark economic inequities dividing our city along lines of race, gender, immigration status, ability, age and other equity dimensions.
Dozens of cities across Canada have poverty reductions strategies. Municipalities can reduce poverty levels and mitigate the impacts of poverty by leveraging good jobs through infrastructure and service spending, ensuring that taxes and fees are fair and equitable, and improving access to affordable services.
Mayor and council have taken several significant actions …
However, only half of TO Prosperity actions for 2017 were completed, and new operating funding for TO Prosperity fell from $93 million in 2016 to $14 million in 2018 (a tiny fraction of the city’s $11 billion budget).