“To all my great 444 mayors and people in municipalities, if you don’t cut DCs, you aren’t getting any money. But if you do, we will be there to support you,” says Ford.
Carney, Ford, Chow and at least one determined heckler with a megaphone are on scene today to announce a 50% cut to development charges for the next three years. Lost Municipal revenue to be offset by an $8.8 billion federal/provincial fund for infrastructure.
Oh geez. Um. Good luck, Ottawa!
Asked about whether the feds support expanding Billy Bishop, Carney mostly just dodges the question. “It’s a shared jurisdiction, and we’re engaged in discussions with the province of Ontario. It’s a very interesting vision. Big possibilities there."
"As a condition of the funding agreement, the federal and Ontario governments will not bear costs for any overruns on the transit line project.” That part sure is a bit ominous, though