For example, the city spent $160,000 installing 25 kilometres of bike lanes in Scarborough as part of its pandemic response in the spring of 2020, only to spend $80,000 just five months later tearing them out. The average property tax bill in Toronto was $3,020 in 2019, meaning the city just wasted the entire property tax bill from nearly 80 households on this stunt alone.
Tory confirmed in June that he wants to proceed with building Rail Deck Park, a park built up in the air above the railways on the west side of Union Station. The city’s latest estimate pegs the price tag for the park at $1.7 billion, but a report released by the Canadian Taxpayers Federation shows the park will cost at least $3.8 billion, more than double the city’s estimate.
Such irresponsible spending should hardly come as a surprise from a city that operates five golf courses that lose money year after year, face declining usership, and need $10 million in improvements, according to a city report. It’s hard to take Toronto’s begging for money seriously when it so frivolously wastes what it already has.
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