Apparently, until McGuinty stepped in on Tuesday to smooth things over, the province was asking for $183-million worth of land to pay off the loan the province gave us to cover costs when they forced an unwanted and ill-advised amalgamation on us.
The five-year-old Eye Weekly article I linked to is certainly worth a good read. It's titled "Tory hocus-pocus to force more Toronto cuts". True, the Tories were the insitigators of these problems, but Dalton McGuinty has found them too rewarding to make the necessary changes.
Here are four changes McGuinty should make:
Forgive the amalgamation loan. Consider it an inadequate apology
Adjust the funding of social services so that they are paid entirely by income and sales taxes, not local property taxes
Eliminate the special, higher, property tax rate that the Province charges Toronto businesses, just because they can
Actually, since property taxes are now based on Current Value Assessment, eliminate any sort of province-wide property tax collection