Deputy Prime Minister Chrystia Freeland has rejected a request from Toronto’s new mayor for hundreds of millions of dollars in financial support for Canada’s biggest city.
In a letter sent to Toronto Mayor Olivia Chow on Monday, Freeland says the federal government has contributed over $6 billion to the city since it was elected in 2015. And if further help is needed, Toronto should either pull money from its reserve accounts or approach Premier Doug Ford’s provincial government.
“The ability of the federal government to spend is not infinite — and the emergency support we provided during the pandemic led directly to the excellent fiscal position that the