How he would make the magic happen, considering the high rate of inflation and contracted increases to salaries in the municipal public service, is unclear.
“We can defer things that are not absolutely essential until the economy turns around and things get normalized a lot more,” Chiarelli said. Chiarelli is also concerned about LRT-related legal disputes whose outcomes could cost the city more money. Chiarelli also wants to put on hold the next redevelopment of Lansdowne Park. The city wants to build a new arena and north-side stands at TD Place for $332 million, with high-rise buildings whose revenue would help cover the cost of borrowing money for the new sports facilities.Council is scheduled to provide the final authorization for Lansdowne 2.0 in 2023, but Chiarelli said he would push to defer the decision until he fully understood the state of the city’s finances.
“Ottawa families are feeling the impact of the rising costs of living,” McKenney said in a statement sent by their campaign.
Source: Real Estate Daily Report (realestatedailyreport.net)
Go away Bob. Just go away.
No taxes raise for one year and bring in professional accountants to check out the books. I wonder why Ottawa doesn’t have professional accountants that could this work without extra cost. Why don’t we hire some?
OMG, I say this respectfully...'it's a stupid idea', Ottawa 1 million and growing, inflation 8%, we need to promote responsible infrastructure, maintain present services, support OPS and all city departments ,focus on 2030 and beyond, Bob, please take some serious time rethink
Shouldn't Bob be out on a golf course somewhere enjoying the rest of his life?
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