‘It’s a no-brainer’ Tory continues push for federal funding amid $1.5B income hit from COVID-19

Chris Fox, CP24.com

Printed Saturday, Might 23, 2020 1:41PM EDT

Final Up to date Saturday, Might 23, 2020 1:51PM EDT

Mayor John Tory says that he stays “optimistic” that different ranges of presidency will finally come ahead with thousands and thousands of in wanted funding to assist the town keep away from a sequence of devastating service cuts.

Town stands to lose about $1.5 billion in income as a result of COVID-19 pandemic and with out the power to run a deficit; it’s anticipated to face some extraordinarily tough decisions.

On Friday, Tory laid out a bleak picture that would see fewer subway lines, less frequent transit service, hundreds fewer police officers and less help for the city’s most vulnerable residents however he pressured that the state of affairs could be averted if Ottawa and Queen’s Park come to the desk.

Talking with reporters on Saturday afternoon, Tory stated that he has since spoken with Premier Doug Ford who assured him that he’s working with different premiers to press the federal Liberal authorities to offer some form of bailout for municipalities.

He stated that he additionally deliberate to talk with some federal officers later this afternoon as he ramped up his marketing campaign for emergency funding to offset COVID-19 associated losses.

“I’m optimistic as a result of I feel they (the feds) know robust restoration goes to be rooted in cities and if cities are in bother and unstable financially that won’t be in one of the best pursuits of the nation,” he stated. “They may get their a refund many occasions over from extra folks working, extra folks shopping for issues and extra companies doing effectively as a result of they’re the individuals who get the revenue tax, the gross sales tax and the company tax. That is one of the best funding they may ever make. It’s a no-brainer.”

On Friday Tory stated that with out authorities funding the town must increase the property tax charge by an “unacceptable” 47 per cent or introduce a sequence if draconian service cuts that might perpetually alter life within the metropolis, together with slashing subway frequency on Traces 1 and a pair of in half and suspending service altogether on Traces three and four.

Altogether, Tory stated that roughly 19,000 metropolis staff would additionally lose their jobs.

“I put out these numbers yesterday as a result of these had been the true penalties. Not made up, not imagined, not inflated. These are the true penalties,” Tory warned Saturday. “1000’s of jobs misplaced, many providers misplaced, the transit system minimize in half.”

In a press release supplied to CP24 on Saturday, a spokesperson for Minister of Municipal Affairs and Housing Steve Clark stated that given the “nationwide scale and magnitude of the shortfalls going through Canadian municipalities” it is necessary that the federal authorities be part of the province in growing a plan “to assist our municipalities get well from the impacts of COVID-19.”

The assertion, nevertheless, didn’t point out whether or not funding from Queen’s Park could be forthcoming.

For his half, Tory stated Saturday that he reached out to Ford simply to be sure that he’s “on the job.”

“I wished to know that he’s doing precisely what he’s doing, which is working with the opposite premiers to get some who won’t have come to the trigger as shortly as he did to get with the trigger,” he stated.