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The City of Toronto faces a worrying $703 million budget shortfall for the 2022 fiscal year, and Mayor John Tory is basically begging the levels of. ....
Opinion: Build Housing, Not Expressways As it rebuilds the Gardiner Expressway, Toronto could use the opportunity to create more real estate for affordable housing. February 19, 2021, 5am PST | Diana Ionescu | As it finalizes its 2021 budget, the city of Toronto will award the contracts to finish the Gardiner Expressway reconstruction project, with options to rebuild an elevated expressway or get more creative with the use of land in Toronto s dense downtown. In a piece for the Globe and Mail, Alex Bozikovic argues that combining the eastern end of the expressway with Lake Shore Boulevard would open up more than five acres of land for a new neighbourhood, which could generate $500-million in land sales and development charges, generating enough to build hundreds of units of affordable housing. ....