Posts Tagged ‘spending’

Toronto To Host The G20?!

Toronto may be the new venue for the G20. The Globe and Mail is reporting that the Feds are now realizing that Muskoka may not have the resources to house and secure guests arriving for the G20. Oops. It should have been obvious that even a modest make over would fall short of delivering the necessary requirements.

The Conservatives have been trying to frantically upgrade Muskoka’s infrastructure via a $50 million G8 Legacy Infrastructure Fund founded in February, another $5 million in security upgrades for the North Bay airport and other funding initiatives under the Economic Action Plan. More fuel to critics fire on the current government’s priorities favouring Conservative jurisdictions. This of course is Tony Clement‘s home riding.

The trough of course looked deep enough for locals, close to $450 million worth of applications were chasing $50 million worth of the gravy. On the upside some short term construction jobs have been created. It is hoped that local tourism would get a boost as thousands of officials and media types migrate up to the area. It’s more likely that when the summit kicks off next summer that rich government officials will be enjoying cottage land while high paid security police block off potential protesters, terrorists and cottage goers. At least the local communities will benefit by having new facilities to host future events along with improved infrastructure.

Sad that by trying to snub Toronto and move both the G8 and G20 events to cottage country they will have to put at one here anyway. All lot of added expense for nothing. No question there will be immense pain with such a move for Torontonians. Traffic and security for these events, a nightmare! Perhaps the Government were trying to minimize the numbers of protesters close to the meetings by moving the summit away from an urban area? Well a private web-chat or conference call would have been preferred to the mountain of wasteful deficit spending for this circus ride.

Feds And Ontario Give GO A Boost

Earlier today Premier McGuinty and PM Stephen Harper announced that GO Transit will receive an additional $500 million in funding. This funding is to be split between the province and the federal government and targeted on station parking lots and upgrading rail lines to increase service reliabiliity.

It would be nice if local municipal transit could be better integrated into GO Transit (so many of these city systems work outside the realm of the big transit picture). Sadly few offer service that can meet up with evening trains let alone most rush hour trips. For now more spacious parking lots will have to be the incentive for car happy commuters connecting to Toronto via transit (rather than local buses). I’ve seen the huge surge in GO ridership over the last year first hand due to high gas prices. These are baby steps sure, but steps in the right direction.

Budget, Budget, Budget… Coalition, Election, or More of the Same

Yes the leaks have been plentiful but Jim Flaherty will be delivering the budget today. I bet CPAC has never been some popular. It will be an interesting ride for sure.

Many commentators are sharp to note that even the previously promised Infrastructure spending has yet to flow (to Toronto and other cities). Will it this time? Downloading the burden on Municipalities (who would be forced to increase taxes) won’t cut it. Miller tried to tame the condo-flipping crowd with a tax increase and got stonewalled. There’s no where to “increase” taxes unless you simply CUT expenditures (i.e. give people less services for the same tax dollars paid). A shady tactic all too familiar by several levels of government. It’s happened far too many times and I’m hopeful that this time the lack of Federal investment in social and brick and mortar infrastructure has been addressed. Tax cuts and no investment (most all of our surplus serviced debt vs. a balanced approach) have swayed Canada to deficit even before a stimulus package.

Will the government fall on this latest list of spending promises? Will a Coalition take over or will an election get called? Judgement day is coming.

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