posted on Oct, 6 2014 @ 08:47 AM
The Toronto Waterfront Revitalization Initiative made it clear to Torontonians "in the know" that all that the City of Toronto would get from
any infrastructure project built within its jurisdiction is 5.7% of the tax increments that came from private developments resulting from the
infrastructure in question.
The other 94.3% of tax increments would flow to the federal and provincial governments.
Faced by that stark reality, and it is a fact, I can't understand why Toronto would be expected to pay more than 5.7% of the cost of any
infrastructure project undertaken in partnership with the federal and provincial governments.
Furthermore, I don't know why Toronto is even involved in planning transit expansion, in anything more than a consultative role. I don't know why
city politics is cluttered up with the issue of transit expansion.
It seems to me that if you, the federal and provincial governments, are going to take "all the marbles" at the end of any project, then you must
also take all the responsibility for planning and executing and paying for the project.
In these matters, it appears as if Toronto were being run as a charitable, not for profit, corporation and that the chief recipients of Toronto's
(YOU, THE TAXPAYER'S) charity are the federal and provincial governments.
This situation is intolerable, particularly when viewed against the background of waste and mismanagement of tax dollars at the federal level: the
F-35, the British submarines, the 1.1 billion dollar G8/G20 conference, the 500,000 dollar granite rocks on Sugar Beach (rare treasures imported
specially from Quebec).
This is a nightmare and none of the candidates for Mayor in this town seem to get it. Even worse, one of the candidates, John Tory, seems to be
operating as a federal/provincial collaborator in this warped scenario. Don't get me wrong. Nobody is really calling a spade a spade in this
situation, not Olivia Chow or Doug Ford.
Somebody in public life has got to start waking people up.
One thing voters in Toronto must get through their heads. Federal and provincial politicians bear most of the responsibility for Toronto's
They take 94.3% of the marbles and must assume 94.3% of the responsibility for transit expansion.