Search Results for: Fiscal Health

On Tuesday, December 6, 2022, the CAOs of York, Peel and Durham regions outlined their current fiscal situations and provided a fiscal outlook. They explored their region’s COVID-19 response, and set out some future goals, including in the context of complex intergovernmental relationships across the GTA and with the provincial and federal governments.
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In this talk, Professor Mark Kleinman of King’s College London discusses how cities have been changed by the pandemic, and how they will need to adapt, with a particular focus on London, UK.
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User fees are one of the principal funding mechanisms for a range of municipal services, from water and waste management to transit and recreation. New IMFG paper explains why user fees are a good source of revenue for municipalities, how they are employed in Ontario, and how to navigate the trade-off between efficiency and fairness.
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Over the past decade, most major cities have received some new revenue sources. Yet, little is known about how cities actually use them or how they have benefitted. This paper reviews data from the municipal financial statements of the largest city in each province to investigate how Canadian cities are employing their revenue sources and whether more sources lead to more revenues and better services in cities.
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In this video, Toronto’s City Manager Chris Murray shares his thoughts on the learnings of the COVID-19 crisis and what he sees as the way forward.
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Many Canadian municipalities have taken hits to their budgets due to the COVID-19 pandemic. But what has the effect been on municipalities around the world? Have municipalities in different countries fared better than others? What accounts for any differences? What needs to be done to ensure municipalities bounce back?
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In this video, a panel examines the continued impact of COVID-19 on municipal finance. How are municipalities preparing for their 2021 budgets? What impacts are they anticipating from COVID-19? What steps are needed at the municipal, provincial, and federal levels to safeguard the fiscal health of municipalities?
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In an effort to provide financial relief to citizens and local businesses in response to the COVID-19 crisis, some Canadian municipalities are introducing or expanding property tax deferral programs. Designing Property Tax Deferrals answers 10 questions that municipalities should consider when designing property tax deferral programs, highlighting some considerations and implications.
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