Are Canadian cities fiscally sustainable? Save article Remove saved article

By many measures, Canadian cities appeared to be fiscally sustainable before the pandemic. For the most part, they balanced their operating budgets (which they are required to do by law), they kept property tax increases low (often at or below the rate of inflation), tax arrears were small, and borrowing was generally less than what is permitted under provincial legislation.

Although cities were fiscally sound, it may have been at the expense of