Toronto story: There’s never enough money

Money, money, money as they say on Storage Wars. There is never enough. It seems like a lament for Toronto as Mayor Tory goes about trying to find the cash needed to execute his plans. This morning at Executive Committee members will grapple with City Manager Joe Pennachetti’s request for  an additional $1.65 to perform due diligence on the trickier parts of the mayor’s SmartTrack plan. This week has also seen the introduction of a draft budget for the City that has a sting to it. Yesterday it emerged the budget plan relied on a loan of two million dollars from the Ontario government. Have they got two million dollars? Can Toronto pay it back? Also this morning, Premier Wynne has received failing mark from the Fraser Institute as a manager of money. She will say, correctly, that the thinkers at Fraser are her political opponents but, still, the numbers are the numbers.   There was a moment reminiscent of  Rob Ford Thursday morning when Mayor Tory was stopped at the doors to Executive Committee by what appeared to be a down-and-out supplicant. Mr. Tory listened and promised to looked into the issue.