(99) Mississauga is broke

Canadians count themselves a fortunate people.  Perhaps that’s why they are such squanderers as well?

Case in point, the vast suburban project directly west of Toronto.  Mississauga enjoyed a true golden age of property development, a California-esque era of low taxes, easy services, smugness, and growth, growth, growth.  The cornfields went down.  The houses went up.  The money changed hands.  Now, it looks like the party is over in the city whose official tag line is the frighteningly vacuous “Leading today for tomorrow.”  If the private and public economy alike can’t be kept up by a massive flow of development-based revenue then what will happen?  Nobody seems to know but denial isn’t really an option any more.  This year, the city that bragged about never laying off staff and not needing tax increases levied a whopping 7.4% increase on its property tax payers.  Imagine the pain in a true blue Tory place that kind of thing brings on!

Architecture and urban affairs columnist Christopher Hume pulls punches in the item linked below.  Even if you hate the kind of sprawling megasuburb Mississauga is you can’t read a demolition job like this without a fearful feeling of apocalypse to come.

Hume: Mississauga waking up to a new reality Toronto Star