People cross a street in downtown Toronto during the morning commute on Aug. 22, 2024. The Canadian Press/Paige Taylor White
Revenue and spending for local governments have increased faster than inflation and population growth, reaching near record levels, according to a new study.
The study, Expanding Finances of Local Governments in Canada, examined municipal revenues and expenditures over a more than 30-year-period, from 1990 to 2023. It was published by public policy research organization the Fraser Institute.
