Is it bad for cities to be in debt? Not necessarily


With all the talk of government debt recently — Toronto, $4.7 billion; Ontario, $240 billion; the U.S., $14.6 trillion — the spectacular figures and the concept of debt itself have become so abstract many people don’t even understand the conversation. The Toronto Star recently spoke with Dr. Enid Slack, director of the University of Toronto’s Institute on Municipal Finance and Governance, Ryerson urban planning professor and municipal finance expert David Amborski and senior staff in the City of Toronto’s finance department to answer the ABC’s of how municipal debt works.

To read the Star article, click here 

 


About Amor Verdeflor-Alvarado

Before joining Columbia Institute, Amor Verdeflor-Alvarado worked with Amnesty International-PRO as Office Coordinator for 1 year and with FORGE, a non-profit organization based in the Philippines, as HR/Administrative Officer for 8 years. Amor earned her Bachelor’s degree in Industrial Psychology and Master’s in Business Management from the University of the Philippines. She has also completed her office administration program from Vancouver Community College.