Paramedics are pictured outside the Toronto Western Hospital Emergency Department on Wednesday, June 15, 2022.
New labour contracts across Toronto city divisions and agencies could cost taxpayers almost as much as the city will be taking in through a proposed 6.9 per cent property tax hike. Toronto’s 2025 budget includes a provision of $300 million to address increased costs from potential union agreements and contracts.New labour contracts across Toronto city divisions and agencies could cost taxpayers almost as much as the city will be taking in through a proposed 6.9 per cent property tax hike.
Speaking with reporters this week, Stephen Conforti, the city's chief financial officer, said Toronto's 2025 budget includes a provision of $300 million to address increased costs from potential union agreements and contracts. "This is a self-inflicted budget," said Coun. Joe Burnside, speaking with reporters after Chow announced details of the budget on Monday." love TTC employees, but by their own union leadership's account, it was a groundbreaking contract and one of a kind. And when you're giving out those types of contracts that then sets the stage for other city unions. … You're setting yourself up for a really bad budget season.
In a year-end interview with CBC Toronto, Mayor Olivia Chow cited labour costs as one of the factors that would contribute to a property tax increase.
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