Political Paralysis and Disaster Budgeting: Lessons from Toronto

As the City of Toronto considers a budget proposal that would result in drastic public sector job cuts, economist Hugh Mackenzie weighs in with a sobering observation: between October 2010 and October 2011, the entire Toronto Census Metropolitan Area lost 8,500 jobs. Mayor Rob Ford's intent to eliminate 2,300 public sector jobs in one year could make things dramatically worse for Toronto's post-recession recovery efforts.

Read Hugh Mackenzie's full blog post, Political Paralysis and Disaster Budgeting: Lessons from Toronto.

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