The cost of hosting the FIFA World Cup in 2026 has ballooned to $380 million. Here's a look at the layout of the tournament and what it means for Toronto.
When Mayor John Tory pitched his first budget proposal on Jan. 20, he wasn't expecting an $86 million dollar hole. Now, the mayor has been offered a line of credit instead. As he tries to make adjustments to the budget, Tory has decided that Toronto will be better off on its own.
Toronto city councillors will soon be tweeting their thoughts on Twitter-handling during campaigns as council voted on Feb. 20 to prolong the debate on using social media for election campaigning.
“This is a high-density area,” said councillor James Pasternak. “There is a very high young student population in this neighborhood. After talking with residents, this would help slow down drivers, and reduce the risk of accidents.”
With a growing number of capital construction projects, infrastructure to maintain and new city investment, Toronto is going to continue to run a deficit in to 2009.