As municipal elections near, a new and exciting chapter for Toronto is about to begin. Torontonians will face tough choices on important issues ranging from transit to taxes and growth. Underlying this conversation is the state of the City’s fiscal health. Toronto City Manager Joe Pennachetti discusses the key challenges facing municipalities, the City’s fiscal position, and the strategic directions the City must weigh to build for the future.

This talk examines the policy and fiscal aspects of inter-local cooperation agreements in six Canadian metropolitan areas—Toronto, Saskatoon, Regina, Winnipeg, Edmonton, and Calgary.

The presentation compares the findings on the governance and finance of 18 metropolitan areas in federal systems around the world and identifies some of the issues that will need to be resolved if these areas are to thrive in the future.