City budget to come down Thursday
The city’s annual budget will be presented on Thursday and I can already hear pencils being sharpened at Ensemble and in the QMI offices for pieces on how much they hate it.
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Kate
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Maxim Baru 15:25 on 2020-11-12 Permalink
“Under provincial law, the city cannot operate under a deficit”…. as im sure many of us have already discovered from years of this policy, it makes no sense and leads to great harm.
david352 18:14 on 2020-11-12 Permalink
How do you figure that? I agree that cities should be granted more revenue tools, but what “great harm” makes you think that there’s “no sense” in requiring that cities balance the books?
Chris 19:57 on 2020-11-12 Permalink
david352, my guess: for the same reason that it sometimes makes sense for individuals, households, businesses, provinces, or federations to sometimes run deficits.
david352 20:03 on 2020-11-12 Permalink
Right, but what’s the concrete “great harm” we’ve suffered as a result of Montreal’s inability to run a deficit?