In a Globe and Mail column, Margaret Wente accurately describes Toronto’s housing affordability crisis and its principal cause. The Toronto area’s house prices have escalated strongly relative to incomes since the province enacted its “Places to Grow” urban planning regime. read more »
Toronto has experienced a virtual explosion in high rise condominium construction in recent years, especially in the downtown area. According to Bloomberg, Toronto has the largest number of high-rise condominium towers under construction in the world. read more »
I had the pleasure of participating on Jerry Agar's program on Newstalk 1010 in Toronto, with host Tasha Kheiriddin on August 15. The subject was a new report by the David Suzuki Foundation lauding the benefits of Toronto's greenbelt greenhouse gas (GHG) emission reduction role as a carbon sink. read more »
Results and not ideology should guide transportation policy.
Large city officials have been lobbying for a major program of federal transit subsidies for years. The push will likely intensify after the federal election.
A principal resource in this campaign will likely be the Toronto Board of Trade’s third annual Scorecard on Prosperity, which finds Toronto’s transportation system to be among the worst in the world, ranking 19th out of 23 metropolitan areas. Other metropolitan areas also ranked poorly, such as Montreal at 12th, Calgary at 13th and Vancouver at 21st. read more »
In the lead up to the G20 conference, the security costs were projected to approach a billion dollars. As high as this number sounds, sources are now speculating that the total bill could be closer to $2 billion. Shocking as that number is, the costs incurred by local businesses may have exceeded that total. read more »
One of the most enduring myths in public policy is that local government consolidations save money. The idea seems to make sense, and most of the academic studies support the proposition. However, rarely, if ever, does the promised reduction in public expenditures or taxes actually take place. read more »