The City of Toronto’s Shelter, Support and Housing is set to take a massive $128 million cut in housing and homelessness investments in the draft 2013 budget – down from $793 million in 2012 to $665 million in the coming year. The 2012 budget had, in turn, a $137 million cut from its approved budget of $993 million in 2011. That adds up to a 16% cut in this year – and a 33 percent cut over two years (a loss of $328 million).
Building Better Budgets #Housing #TOBudget 2013
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