2024 Budget Proposal and Townhall Details

Friends,

On Wednesday January 10th, the City of Toronto launched the 2024 Budget process with a staff prepared budget that protects core services and makes investments in transit, shelters, and community safety, based on feedback gathered during consultations with Toronto residents. Given the City's precarious and dire financial situation, this budget aims to correct our course and set the City up to achieve financial stability and sustainability through a new multi-year approach. In the face of a $1.8 billion shortfall, $600 million has been found in savings to propose a balanced budget that protects frontline services.

The 2024 staff prepared budget reflects input from the November 2023 Budget Consultations and furthers the actions of the City’s Long Term Financial Plan (LTFP) and the Ontario-Toronto New Deal Agreement. In addition to striking a new deal with the Provincial Government, the proposed 2024 Operating Budget expects to have access to a Federal funding program providing reimbursement of costs associated with programs that belong under Federal jurisdiction but are currently paid for by the City, currently estimated at $250 million for 2024. The Federal government needs to step up to pay for its share so that the City can focus on providing the services that Torontonians require.  

Toronto residents and businesses are encouraged to continue to be a part of the 2024 Budget process. Feedback can be provided to the Budget Committee in person, online, or in writing. Details are available on the City’s 2024 Budget webpage. I will also be hosting a virtual Community Budget Town Hall on January 16 at 5pm. Details are available at gordperks.ca/2024budgettownhall .

The 2024 Budget launch presentation by City Manager Paul Johnson and Chief Financial Officer and Treasurer Stephen Conforti is available on the City’s website here.

This is a sizeable step in solving the problems caused by 12 years of austerity budgets. We are well on our way back to having a proper financial foundation that will secure future prosperity for Toronto and give it the ability to deliver the services that Torontonians desire.

Sincerely,

Gord

 


- Parkside Drive Study: Phase Two Public Consultation Launch

- Service Resumed: Dufferin Gate Bridge 

- Masaryk Cowan Community Centre now open

 

Parkside Drive Study: Phase Two Public Consultation Launch

Phase Two public consultation is taking place between January 3 and February 15, 2023. This phase of consultation is collecting road user and community feedback on the potential interim changes and long-term vision for Parkside Drive. This phase includes a community group meeting, public drop-in event, and survey to understand how proposed changes and impacts are supported by the community.

Public Drop-In Event

The Public Drop-In Event will provide an opportunity to view the project information panels and speak with members of the project team one-on-one.

Date: February 1, 2024
Time: 6 to 8 p.m.
Location: Lithuanian Hall 1573 Bloor Street West

This is a wheelchair accessible venue.

Feedback

Complete the online feedback survey  before Thursday, February 15, 2024.

Consultation Materials


Dufferin Gate Bridge Service resumed on January 7

We are pleased to inform you that TTC crews have completed the streetcar overhead work that was part of the Dufferin Street/Springhurst Avenue Streetcar Track Renewal Project.

The TTC will resume service to Dufferin Gate loop on the 29/929 Dufferin bus and 504 King starting January 7, 2024. At the same time, service on the 329 Dufferin bus will be extended to the Exhibition. The service details on each of these routes will be updated via pole cards at the affected transit stops, and on the TTC route webpages: 29 Dufferin, 329 Dufferin, 929 Dufferin, and 504 King.


Masaryk Cowan Community Centre reopens

Masaryk Cowan gymnasium was temporarily closed in December for maintenance, from December 4 - 22.

The gymnasium is now open again with new gym floors!

 

Latest posts

Friends,

I am happy to share that in partnership with Toronto Hydro, the City has launched a Furnace Upgrade Program to support homes in switching their aging furnaces to electric heat pumps.

As part of the City of Toronto’s BetterHomesTO initiative, this program helps homes become more energy efficient and comfortable. Electric heat pumps can provide a cleaner home heating solution, helping residents save on energy bills, lower greenhouse gas emissions at home, and have improved indoor comfort year-round. Electric heat pumps can also provide cooling benefits during warmer seasons. 

A key feature of the new program is that residents can now access free energy coaching services to help them navigate what programs, services and offers are available to them, including grants provided by other orders of government. This includes guidance on heating and cooling technology options and access to qualified contractors, service providers and professionals through Toronto Hydro’s Cleantech Services Directory: www.torontohydro.com/cleantech-services-directory.

The City also offers low-interest loans through the Home Energy Loan Program (HELP) to make new equipment more affordable. In 2026, the BetterHomesTO Furnace Upgrade Program will further expand to include heat pump installation services, and targeted incentives for low-to-moderate-income households. 

I know many residents are eager to contribute to Toronto’s goal of Net Zero by 2040, and I’m glad that our City is investing in making the switch to electric heat pumps easier. As greenhouse gas emissions from buildings account for more than 56 per cent of total citywide emissions, working together to support our neighbourhood homes in making the switch to electric heat pumps is a great place to focus.

I encourage you to connect with neighbours and community groups like Toronto Climate Action Network, on accessing BetterHomesTO resources and advancing energy retrofit projects in our communities.

 

Sincerely,


In This Week's Newsletter

City-wide news 

  • Home Energy Loan Program Information Webinar

Ward 4 news

  • TTC King/Dufferin Streetcar Track Replacement

  • #ExperienceTO historical tours

  • Live in the Library - Berkay Atalay

  • Overcomers United Spanish Lessons

Friends,

I am grateful to the groundswell of Toronto residents who are organizing to protect renters’ rights in our province. As you may have heard, changes to the Residential Tenancies Act are being proposed through the provincial government’s Bill 60 that would make it easier to unfairly evict renters.

Thanks to the rapid mobilization of residents who are voicing their disapproval, the provincial government has walked back their proposals to change security of tenure and rent control. However, there remain numerous proposed cuts to renters’ rights that are alarming. If passed, Bill 60 would:

  • Block renters from introducing any new evidence and issues to support their cases at Landlord Tenant Board hearings.
  • Deny renters the ability to challenge “voluntary evictions” when they have been pressured or misled into signing an N11.
  • Cut in half the time available for renters to appeal unfair decisions at the Landlord Tenant Board to just 15 days.
  • Eliminate the requirement for landlords to provide 1 month’s rent as compensation to renters when being evicted for “personal use” through an N12. Often, renters rely on this compensation to help them move or find a new home.
  • Make it easier for landlords to evict renters by cutting notice periods in half, cutting the options for requesting an eviction be postponed, and hiring more enforcement officers to forcibly remove renters from their homes.

We heard from numerous residents deputing at Executive Committee this week, who shared their experiences of being evicted, and made clear how the rights that are still under attack are vital to safeguarding renters from bad faith evictions and ensuring that evicted renters can stay housed.

Fifty percent of Torontonians rent their homes. They have the right to feel secure, without fear of baseless evictions or needlessly paying more of their hard-earned income towards rent.

I was pleased to join Mayor Chow and colleagues at Executive Committee in unanimously adopting recommendations that respond to the concerns we heard from Torontonians, advocating for all orders of government to protect instead of dismantling renters’ rights and to adequately invest in building the housing supply that Toronto deserves.

I look forward to continuing our City’s advocacy on this issue when the impacts of Bill 60 and the Annual Progress Report – HousingTO 2020-2030 Action Plan is considered at City Council next week. I encourage you to review and follow the Council discussion here: City Council - Meeting 34 - TMMIS

 

Sincerely,


In This Week's Newsletter

City-Wide News

  • Committee of Adjustment Drop-in Information Session - Nov 26

Ward 4 news

  • Dufferin Street - RapidTO Installation Begins
  • Subway Closure Update Kipling to Islington Subway Station
  • Sunnyside Historical Society Strory-telling event - Nov 19

Friends,

We are seeing the City’s new role as a public builder pay off. Today at Planning and Housing Committee, City staff presented the City’s annual report on the City’s Housing Action Plan for 2020 - 2030, reporting significant progress on all five pillars of the City’s housing priorities. Key highlights from the report include:

  • Creating New Homes - Approved a record of 6,366 new rent-controlled homes in 2024, achieving 46% of the City’s overall target of 65,000 approved rent-controlled homes by 2030
  • Protecting and preserving existing homes - Secured more than 700 permanent affordable homes through the Multi-Unit Residential Acquisition (MURA) Program
  • Supporting renters and improving housing stability - Adopted the Rental Renovation Licence By-law, which came into effect in 2025, to protect renters from bad faith renovation-related evictions, or “renovictions”
  • Prioritizing diverse housing needs - Supported more than 4,600 people experiencing homelessness to move into permanent homes through initiatives like Rapid Rehousing Initiative and Priority Access to Housing and Supports (PATHS)
  • Transforming housing policies - Adopted Official Plan and zoning bylaw amendments to permit townhouses and small-scale apartment buildings on lots designated as Neighbourhoods and abutting a major street, which is projected to create 41,083 new homes by 2051.

These interventions along with targeted incentives by the City are helping to steer developers towards building the affordable rental units residents need to live in Toronto.  

Whereas projects that rely on the private market alone have stalled, the City’s Public Developer housing projects are moving forward to deliver rent-controlled homes. This is demonstrated by the fact that in the first eight months of 2025, City-led and City-supported projects account for 65% of all housing starts achieved this year.

The staff report makes clear that while the City has successfully modelled how government action can bolster the supply of new homes, these solutions need to be supported through adequate investment from other orders of government to meet the scale of our present housing crisis. I will continue to use my voice and vote on Council to support the growth of affordable rental housing options in our city.  

Sincerely,


In This Week's Newsletter

City-Wide News

  • Vacant Home Tax Declaration Period Opens Nov 3
  • Inclusionary Zoning Updates Virtual Information Session
  • Gardiner Closure Saturday Night

Ward 4 news

  • King St W & Dufferin St TTC Track Renewal Completed
  • Baird Park Playground Improvements – Online Survey
  • High Park Station - Easier Access Project Construction Notice
  • Reminder: 3286-3316 Dundas St West (Runnymede and Dundas) Community Consultation Meeting on Nov 6

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