Sunday, August 30, 2009

Toronto 2015?

With 23 public school pools on the chopping block, the Province of Ontario and Greater Toronto Area is somehow able to calculate that it has $1.7 billion dollars to pour into hosting the 2015 Pan Am games. Mayor Miller says they city is broke. And the province is running a $900 million deficit, not to mention the $4 billion loan to GM and Chrysler that has the potential of never being paid back if they don't survive.

So really the only percievable way this could happen is if a heck of alot more taxes and fees are on the way. Hmm, how about 30% increase in tuition to help U of T and the city build that olympic pool? And a city Sports and Arena user fee, kind of the like new garbage fee on top of what our city taxes are supposed to take care of.  Don't forget about the special security fee just to keep the citizens safe during (and after) the games.

I'm not opposed to the games being in Toronto, but as an over taxed tax payer I just don't want to fork out an additional penny to support these games. If Ontario and Toronto can afford it, it should be solely paid out of revenue that already exists. If the revenue is not currently there, then revenue needs to be created out of infrastructure or similar investments that will drive tourism and business. Even if that means waiting 10-15 years from now.



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