Deputy Prime Minister Chrystia Freeland says it’s the Ontario government’s responsibility to help backstop Toronto’s pandemic-ravaged finances, offering no new federal dollars in a letter responding to Mayor Olivia Chow’s request for help.
The two-page letter from Freeland to Chow says the province has the constitutional responsibility and fiscal capacity to support the city.
Freeland, who is also the federal finance minister, says it’s the federal government’s “firm expectation” that the province will do so.
The letter to the Chow comes as the newly-elected mayor inherits a nearly $1-billion-dollar pandemic-related shortfall in this year’s budget, in large part tied to decreased transit revenues and increased shelter costs….
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