Toronto’s ‘problems’

It would seem that southern Ontario has the opposite problem of New Brunswick. They are predicting the population will almost double over the next 25 years. The challenges they face are related to managing this rapid growth.

This is kind of neat. They have planned growth areas extending out some three hours drive by car from downtown Toronto.

Three hours from downtown Fredericton gets you – just about everywhere in New Brunswick….

I wish Toronto well. We’re gonna need that growth over the next 25 years. I estimate that in the same period, Equalization payments to New Brunswick alone will increase by $3-4 billion.

Since we have opted for an economic development strategy based soley on siphoning off taxes paid in Ontario, we have a highly vested interest in that province’s success.

Vive le Toronto.

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0 Responses to Toronto’s ‘problems’

  1. Anonymous says:

    I see you admire government planning a lot, though I don’t know why considering how poorly decades of intense planning have served Toronto.
    Remember that people are capable of planning without government help.

  2. scott says:

    Ontario had a great ad in the economist weekly a few weeks back. It went like this:

    One of the fastest growing G7 Economies isn’t even a country.

    There are many rasons why the economic growth of Ontario is predicted to outpace Germany, France and Japan this year. And why, at over $400 billion, our GDP is already greater than Switzerland’s or Sweden’s. our dynamic economy is diversified from automotive to food products, and aerospace to IT and communications. We’re located in the heart of North American, with a reach of 420 million people. Most importantly, we’re built for business. Ontario is the economic centre of Canada, which is the lowest-cost G7 country for conducting business, according to a 2006 KPMG study. We also offer the best-educated workforce in the world, universal healthcare and a commitment to bring commercial innovations to market. It’s enough to make any nation proud. There’s no better place in the world to do business.

    2Ontario

    Here wishing, on a friday, that someday New Brunswick’s pitch will be printed in the economist mag.

  3. Mike says:

    Hmm,

    I thought it was… then again I cant remember where I saw it, nor what it said…

    So it canta have been that great of a pitch…… :-/

  4. Anonymous says:

    Keep in mind Ontario has a long history of ‘planning’. However, remember the 70’s? Nuff said.

    Ontario’s government is in its second year of deficit spending, just as it needs massive spending on nuclear power (sound familiar?) After downloading responsibilities, most cities have seen 20% increases in property taxes. That’s fine if you think you’re moving, but if your a long term resident, think campobello.

    It’s economy is heavily tied into government protected industries and the US economy, there’s certainly no reason to think that either of those situations will continue.

    The other onion in the ointment is that a story in the Toronto Star said that in Kitchener, one of the more affluent areas, close to twenty percent of the population was living below the poverty line.

    The last time I was in Ontario I was in Bridgeport, and got a lovely snapshot of some graffiti on an old silo – it was a swastika and underneath it said “immigrants go home”.

    Finally, to the above, you can’t plan without government help-its called zoning. And if you think Toronto is ‘smart growth’ you haven’t spent much time there. You might think 25 years will bring some kind of multicultural mecca, but it’s just as likely it will be the next baltic states. That’s not just cynicism, there’s good reason the chamber of commerce wants that equalization money back.