TORONTO BUDGET

CP

Toronto Councillors See $86M Hole

A handful of city councillors say they're concerned about an $86-million hole in Mayor John Tory's proposed city budget. The problem is the province is pulling off the table money for housing and offe...
CP

'Free At Last': Toronto Budget Chief Quits

Unhappy over last-minute moves to add new spending, Toronto budget chief Mike Del Grande resigned his post on Wednesday. Del Grande, who has held the position for two years, had hinted at making the...
CP

Rob Ford Votes Against His Own Budget

Toronto Mayor Rob Ford appears to have the votes to pass the 2013 city budget, though he'll have to wait until at least Wednesday after councillors decided to suspend their discussions for the night....
CP

Toronto's $200 Million Budget Hole

Toronto's budget committee has voted against recommending this year's police budget as the chair of the committee vows to closely scrutinize police spending. The matter of the police budget will now...
alamy

What's Driving Toronto's Budget Surplus?

Toronto’s red hot real-estate market has helped deliver an unexpected boost to the city’s bottom line. The city will officially announce its year-end fiscals on Monday and it’s expected the surplus w...

How Toronto Plans To Cut Thousands Of Jobs

The city has released a document showing how it intends to eliminate 2,300 jobs in the new year. The job cuts were announced earlier this week when Mayor Rob Ford released his proposed 2012 operating...
alamy

Toronto Headed For Lockout?

The head of one of Toronto's unions says a lockout is almost a certainty in January because the city wants to target so-called jobs for life provisions. "The city's initial offer is a direct attack o...
CP File

Toronto To Post Large Budget Surplus

The City of Toronto is expected to have a $140 million surplus this year, thanks in large part to greater than expected revenues from the land transfer tax that Mayor Rob Ford has said he wants to dis...