Think Twice, Vote Once - page 3

FUND REGIONAL INFRASTRUCTURE
The Toronto region needs new, innovative ways to generate the revenue required to invest in maintaining
and building our aging roadways, public housing, and other infrastructure to serve an ever-growing population.
If we don’t, these challenges threaten to cripple our region’s economic and social development.
SUPPORT REGIONAL PROSPERITY
The Toronto region enjoys a high standard
of living due to its diversity, low crime rates and
healthy environment. But the growing gap between
our most and least affluent neighbourhoods is
worrying, as is our high youth unemployment
rate. Attracting highly skilled talent and jobs,
growing our economic prosperity, and preserving
social harmony, is essential to maintaining the
region’s quality of life.
GROW THE REGION’S ECONOMY
TO CREATE JOBS
The Toronto region requires a re-think about how
we win the fight for jobs and investment. We are a
solid economic performer, but the Toronto region
still faces challenges that impact productivity and
job creation. To ensure our region reaches its
potential, we need a coordinated, region-wide
economic strategy.
Regional unemployment rate
7.8%
WAGE GROWTH RATE FROM 2001–2010
Current state of good repair bill
for City of Toronto’s housing units
$750M
Cost to City of Toronto to repair damage
caused by recent rain and ice storms
$140M
Estimated cost of infrastructure
York Region needs to serve 500,000
new residents expected by 2031
$11.1B
Halton Region’s needs for new infrastructure
$8.6B
Regional youth
unemployment rate
17.4%
Population living in poverty
10.7%
Vancouver
7.7%
Montreal
6.5%
Toronto Region
4.2%
Amount of Ontario’s GDP
generated by Toronto region
45 %
Regional youth
unemployment rate
18 %
Toronto region’s productivity
decline from 2000 – 2010
-6 %
1,2 4
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