Quick cash grabs to pad city coffers seem to be the new pattern for the Rob Ford regime

A report that will soon go before mayor Rob Ford’s executive committee recommends the city sell off 10 per cent of Toronto Hydro, allowing interested buyers to scoop up shares. The Globe and Mail points out that the idea of putting Toronto Hydro up for purchase has been rejected in the past, including a proposal in 2010 that Ford himself did not support. Ford also spoke out against selling off Hydro during last year’s mayoral campaign, while opponent Rocco Rossi insisted it was a good idea. Is this a flip-flop? Not how Ford sees it. The mayor drew a distinction between selling off Hydro and, well, selling off part of it. Councillor Shelley Carroll says the proposed sale represents a short-sighted grab for some quick cash, the kind of accusation we think that Ford should probably get used to if he plans more moves like this. Read the entire story [Globe and Mail] »