Northern Light
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Interview by the Globe and Mail with Olivia Chow:
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How Toronto Mayor Olivia Chow plans to fix a city in decline
Olivia Chow inherited a financial hot mess when she became mayor of North America’s fourth-largest city last year. So what’s her plan?www.theglobeandmail.com
Two transit-related notes:
On (2) that's not going to happen while Ford is Premier, and probably not going to happen when Polliviere is PM so...we're gonna be waiting a while. Another Humber Bay Shores in the offing I think.
- She wants to focus on fixing what Toronto has as opposed to building anything new
- Agrees with the need for the Waterfront LRT and the Eglinton East LRT, but nothing will be built until the feds and the province pony up
I don't entirely agree w/your assessment here.
On point one:
I think its clear the province insists on being the builder/owner of such assets as I've noted in the past there are implications on provincial credit ratings and international borrowing and tax vehicles.
The City will not be the builder.
On point 2..........yes..........but the money is coming; admittedly not as soon as I expected or was told, but it is........ (at least for the Waterfront........not so sure about Eglinton, and I'd be fine if that was nixed, as there's a better plan being looked at)
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