THE TORONTO PARTY does not believe that tax increases are the only way to solve Toronto's fiscal problems. We believe that the imposition of new taxes is only a short-term solution to a revenue problem that is caused by systemic issues.

We believe that Toronto's fiscal house is not order and that other long-term solutions need to be adopted in order to stabilize Toronto's budget.

In February 2008, we made a submission on the 2008 Recommended Operating Budget to the City's Budget Committee. Please see our submission (PDF).

In 2007, we also made a submission to the City's Executive Committee against Mayor Miller's tax increases. Please see our submission (PDF).

Please see our Budget and Revenue Plan (PDF) as well.

Toronto's problems were discussed in the January 2008 edition of Toronto Life, in an article written by Philip Preville. An excerpt from the article states as follows:

"Toronto's civic conversation is so preoccupied with the money we don't have, we no longer talk about what we do with the money we've got. All told, nearly $10 billion in expenditures will wash through city hall next year. Much of it will be squandered, and public sector unions will make a play for the remainder while other services suffer and the city is left to run itself. City Hall lacks more than money. It lacks leadership from its mayor, vision from its councillors, accountability from its public service, nd vitality and ingenuity from its entire organization. None of these things costs money -- they are merely components of civic spirit -- but their absence has helped bring Toronto to the place where it stands today: barely functional and on the brink of insolvency".