Search Results for: Fiscal Health

IMFG Paper | 2014

Provincial-Municipal Relations in Ontario: Approaching an Inflection Point

Three major trends are buffeting provincial-municipal arrangements in Ontario. The first is a growing recognition of the role cities and metropolitan regions play as centres of growth and national prosperity. The second is increasing complexity in the provincial-municipal relationship. The third is the emergence of threats to the fiscal health of Ontario municipalities.
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Video | 2014

Toronto: Looking Forward 2014-2018

This video features Toronto City Manager Joe Pennachetti in his third annual address to IMFG. In the presentation, he discusses the key challenges facing municipalities, the City’s fiscal position, and the strategic directions the City must weigh to build for the future.
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IMFG Paper | 2013

Public Finance in Montréal: In Search of Equity and Efficiency

Following the 2002 amalgamation, half Montréal’s pre-amalgamation suburbs de-merged in 2006, leading to the creation of a smaller megacity with 19 decentralized boroughs. This paper identifies factors that affect the capacity of Montréal’s boroughs to fulfil their responsibilities.
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Presentation | 2013

Canada as an Investment Safe Haven: Implications for Municipal Credit

In recent years, we have seen a sharp increase in foreign demand for Canadian assets, including bonds issued by Canadian municipalities and provinces. IMFG Post-Doctoral Fellow Kyle Hanniman discussed the factors driving foreign investment in Canada's subnational bond market; the implications of these developments for municipal borrowing costs and credit spreads; and what, if anything, municipalities are doing to manage the risks and opportunities involved.
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