Search Results for: Infrastructure and Housing

Enid Slack, IMFG Director, presented, “Smart Villages- Financing Services and Infrastructure” as part of The Fields Institute Conference on Smart Villages on April 4, 2018.
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Throughout much of the 20th century, water was seen as plentiful and water rates did not promote conservation. Today, water is treated as a relatively scarce resource and governments are concerned about financing new and rehabilitated infrastructure. However, most municipalities still do not set prices for water at levels that would encourage conservation, thereby allowing the overconsumption of water, and leading to increased demand for expensive infrastructure.
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On October 26, Peter joined IMFG to discuss how the City of Toronto can address challenges and invest in Toronto’s future. What key steps could Council and staff take? What strategic policy levers could be used? What financial and implementation capacity is needed to deliver on Council’s visions for future investments?
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IMFG is pleased to announce the release of a new paper, excerpted from the new book Financing Infrastructure: Who Should Pay? The poor state of municipal infrastructure is the subject of frequent complaint in Canada. Roads are congested, transit systems are in need of major investments, bridges are crumbling, and water treatment plants need to be replaced. Municipalities continue to seek financial assistance from the federal and provincial governments, but are transfers really the best way to pay for municipal capital investments?
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Bringing together perspectives and case studies from across Canada, the US, and Europe, IMFG's new book Financing Infrastructure: Who Should Pay? contends that users, not taxpayers, should start paying directly for their cities’ repairs and expansions.
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As the size and scope of responsibilities for cities expands, do local governments have the appropriate financial and governance arrangements to effectively and efficiently deliver services to residents?
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Can cities in Canada rely on the revenues generated by tax increment financing (TIF)? What are the mechanics of assessing the uplift from a TIF before a project is implemented? How much money has it actually raised in practice?
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The City of Toronto implemented a land transfer tax on real estate transactions in February 2008. This study explores the impact of the tax on housing sales in the City of Toronto and the rest of the Greater Toronto Area (GTA).
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