TORONTO – It may be all ex-Mayor John Tory’s fault. According to the City’s Executive Committee (CEC), in an action item, recommended for debate and adoption for Wednesday’s (tomorrow) Council Meeting, Toronto faces “financial challenges [in the amount of] $46.5 billion”. The actual budget was/is closer to $16 billion.
According to Ontario’s Ministry of Education (MOE) projections, today 2,038,183 of the Province’s school-aged children will present themselves for class. It is an exciting day for them and a tension-filled one for their parents.
Next week we send our children back to school… maybe. Children and schools are the future of our society. In economic terminology, they are our most precious assets, and we invest individually and collectively in their growth.