LEVY City Hall spending like there’s no $1.8 billion deficit

almost 5 years in torontosun

The numbers are off the charts. Toronto City Manager Chris Murray told a press briefing this week that they’re anticipating a $1.8-billion deficit in 2020 — the combination of revenues not achieved and unanticipated costs during the COVID pandemic. He estimated that retail in Toronto has been impacted 40%-50%. Murray said city finance officials are […]

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