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| She stressed development charges, which just a decade ago were still pouring into city coffers, only covered the cost of new infrastructure. Now, that infrastructure needs upkeep and replacement.
She also pointed out the projected overall tax increase for Mississauga residents in 2014, including the Region of Peel share and the provincial educational amount, is 2.4 per cent. The city increase represents the lion share of that total, 1.8 of the 2.4 figure. Ward 9 Councillor Pat Saito, lamenting the deferral of $2.8 million in new LED lighting for pathways and sports facilities, said it all part of a new financial reality. got to take flak on that, usasoccerjerseysale she says of the lighting and other planned projects that will not be funded in order to keep the tax increase reasonable. She said Mississauga residents have been used to a standard of service delivery and infrastructure, which will continue, but maybe not quite at the same level.1 per cent in May from 0 Soaring oil and gasoline prices at this point last year were the main contributors to falling inflation, and will be until July, when world oil peaked at over US$145 a barrel. Gasoline prices were 25.1 per cent higher last month than in May 2008, driving the cost of transportation down 8.2 per cent. But excluding that component, inflation in Canada remains close to where the Bank of Canada would want it at 2.3 per cent. Core inflation, which excludes volatile items, stood precisely at the bank's two per cent target. |
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