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Doug Ford says he agrees with Olivia Chow that Toronto needs new deal for funding [Video]

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Canadian National News

Premier Doug Ford says he agrees that the City of Toronto needs a “new deal” for ongoing funding after holding a meeting with Toronto Mayor Olivia Chow Monday, but added that he’s not in favour of any new taxes that would help Toronto dig itself out of a fiscal hole.

Ford and Chow held a meeting at Queen’s Park Monday in their first substantive talk since Chow took office earlier this summer.

Following the meeting, the two said they had agreed to establish a “new-deal working group with a mandate to achieve long-term stability and sustainability of Toronto’s finances.”

“Toronto’s deep financial challenges are no longer sustainable,” Ford said in a statement. “Toronto is a major contributor to Ontario and Canada’s economic success. Governments need to work together to deliver solutions that protect services, avoid new taxes and put …

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