Canadian municipal leaders propose a new municipal growth framework to reform local government funding, tied to population growth and increasing federal transfers to $5B (0.5% of GST).
A report by municipal leaders from across Canada calls for a new municipal growth framework to reform local government funding, replacing the outdated revenue model struggling under Canada's population growth. Proposed actions include tying federal transfers to population growth, increasing them to $5 billion (0.5% of GST), and guaranteeing provincial matched dollars. This new framework is urgently needed as the current toolbox available to municipalities is insufficient.
June 15, 2024
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