Ford explores privatization options in TO
Toronto could slash income-generators and subsidized services.
by Enzo Di Matteo, from Now Magazine
Toronto (January 17, 2011): Mayor Rob Ford has given his council an ambitious, some say unrealistic, cost-cutting agenda to meet this year, and an even more ruthless one for 2012, which may lead to additional privatization of services.
Giorgio Mammoliti, Chair of the Community Development and Recreation Committee, wants to set up a task force to look into public-private partnerships for building new parks and recreation facilities. Mammoliti wants his proposed task force to look into redrawing the city's current policies on P3 investment agreements.
"It was a very telling week at City Hall. The "P" word has begun to creep into the budget deliberations. Yes, folks. We finally have some hint of which services Rob Ford's crew is looking to sell-off, contract out, or otherwise remove from the city's bottom line."
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Posted: January 28, 2011
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