/
1x
Advertisement
Proudly Canadian, obsessively Toronto. Subscribe to Toronto Life!
Real Estate

Tobermory gets a gift, Toronto gets a loan

By John Michael McGrath
Copy link

Pardon us while we look a borrowed horse in the mouth. Days after announcing almost $140 million in spending on roads, bridges and highways for parts of Ontario that aren’t Toronto, the federal government has seen fit to lend the city just a bit more than half that amount:

Diane Finley, minister of human resources and skills development, was scheduled to make an announcement Friday at Toronto city hall outlining details of 11 infrastructure loans, approved as part of Ottawa’s Economic Action Plan... Toronto will get more than $77.9 million in low-cost loans to improve roadways, sidewalks and upgrade bridges, as well as help pay for the Regent Park revitalization project already underway.

If the intent was to soften the blow of Wednesday’s announcements, this looks like a big fail. The rest of Ontario got a big, splashy announcement; we got city hall. The rest of Ontario got McGuinty and Harper, and Toronto got Diane Finley—on a Friday afternoon, no less. If Ottawa wants to do something nice for Toronto, perhaps it shouldn’t look so ashamed while doing it. Is Toronto so politically radioactive that even a loan has to be introduced less conspicuously than a candidate for the witness protection program?

Toronto to get federal loans for local projects [Toronto Star]

NEVER MISS A TORONTO LIFE STORY

Sign up for This City, our free newsletter about everything that matters right now in Toronto politics, sports, business, culture, society and more.

By signing up, you agree to our terms of use and privacy policy.
You may unsubscribe at any time.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Advertisement
Advertisement

The Latest

"We cancelled our $15,000 Disney World trip over Trump": Why this GTA couple sacrificed their dream vacation
Memoir

“We cancelled our $15,000 Disney World trip over Trump”: Why this GTA couple sacrificed their dream vacation

Inside the Latest Issue

Inside the Latest Issue

The March issue of Toronto Life chronicles the unexpected ascent of Edward Rogers. Plus, our obsessive coverage of everything that matters now in the city.