Municipal Expenditures
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Financing Infrastructure: Who Should Pay?
Editors Richard Bird and Enid Slack and chapter author Matti Siemiatycki discussed the key themes of IMFG’s new book, Financing Infrastructure: Who Should Pay?, followed by a reception and book signing. Politicians and citizens universally agree that Canada’s urban infrastructure urgently needs work. But few cities have room to raise additional revenue, and the federal and provincial […]
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The Public Acceptability of Taxation: Implications for Canadian Cities
Munk School of Global Affairs and Public Policy, Room 108N 1 Devonshire Place, North House, Room 108N, Toronto, ON, CanadaAversion to taxes presents a major policy dilemma for elected governments: voters want governments to deliver goods and services but are deeply suspicious of their efforts to raise taxes. When are citizens willing to support major changes to tax policy? IMFG’s 2017-2018 Postdoctoral Fellow Matthew Lesch discussed a new study on whether and how Canadians are likely […]
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Returning to the Golden Rule of Balanced Budgets: The Institutional and Political Economy of Restricting Public Deficits and Debt
The “golden rule” of public finance states that over an economic cycle, governments should borrow only to invest and not to fund current spending, and that the current budget must always balance or be brought into surplus. In Ontario, all municipalities are subject to legal borrowing limits, with special exceptions for Toronto and York Region. […]
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Investing in Toronto’s Future: The 6th Annual IMFG Toronto City Manager’s Address
Campbell Conference Facility Munk School of Global Affairs and Public Policy, 1 Devonshire Place, Toronto, Ontario, CanadaToronto is an exceptional city at least partially because of public policies and past investments. As Toronto City Manager Peter Wallace discussed in his 2016 remarks to IMFG, Toronto faces challenges in meeting the demands of a global, international city. On October 26, Peter joined IMFG to discuss how the City of Toronto can address these […]