Excellent analysis. The City’s poor budget management and subpar implementation of major infrastructure projects should not be enabled by the influx of more good money. Time to put an end to the sunk-cost fallacy Sutcliffe has so enthusiastically embraced.
Not sure but doesn't the PILT line in the city's financial statement include provincial allocations and those of federal agencies and crown corporations?
Very well said. Looking forward to part 2 and what I assume will include a complete call out and tear down of Tewin.
This was my detailed piece on Tewin a few months back:
https://the613.substack.com/p/will-taxpayers-subsidize-4-billion
Excellent analysis. The City’s poor budget management and subpar implementation of major infrastructure projects should not be enabled by the influx of more good money. Time to put an end to the sunk-cost fallacy Sutcliffe has so enthusiastically embraced.
Not sure but doesn't the PILT line in the city's financial statement include provincial allocations and those of federal agencies and crown corporations?
Yes, that's likely the case.