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CityScapes Roundtable No.3: Cities: Still Running on Empty

The third session of CityScapes Roundtable Program featured Don Drummond, Senior Vice President and Chief Economist at TD Bank Financial Group. He presented some ideas on the financial situation of Canadian municipalities and discussed what federal, provincial and local governments can do to help remedy the situation. Noting the need for these three levels of government to interact, Mr Drummond also examined some governance challenges that must be addressed. In the discussion that followed, participants debated the merits of various types of financial arrangements and looked at immigration and settlement as a case study of an area of active federal involvement.

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