Centre For Local Research into Public Space (CELOS)
Show search options
You are on the [City Unveils Capital Budget] page of folder [Capital Budget 2009]
For the cover page of this folder go to the posted on November 05, 2008
Hall Monitor: City unveils 2009 capital budget
By: Allison Hanes
Published: October 30, 2008
Source: NATIONAL POSTMayor David Miller on Thursday unveiled Toronto's $1.6-billion proposed capital budget, which calls for major investments in public transit, road repairs, libraries and community centres.
Uncertain economic times call for government to step up and spend on projects that create jobs and bolster the economy, he said.
"When I studied economics, I studied Keynesian economics, and it’s very clear that at a time of uncertainty like this, governments should be investing, particularly in infrastructure that helps build a strong economy," said Mr. Miller "Public libraries are just as important to the economy as public transit. We’re investing."