The Inexplicable Intransigence Of Mayor Tory

May 15, 2015

astutebusinessman

John Tory came into the mayor’s office touting his serious business and private sector credentials, remember? He saw fit to vilify one of his campaign opponents, Olivia Chow, as ‘that NDP candidate’, just another ‘tax-and-spender’ who didn’t understand the value of our hard-earned tax dollars. Tough fiscal times called for someone with prudent fiscal sensibilities. John Tory, he assured us, possessed that in spades.

Yet here we are, having to square this circle. Mayor Tory’s headlong rush into supporting a much more expensive “hybrid” (everybody’s using quotes for that word now) re-build of the 2 kilometres or so of the Gardiner Expressway east of Jarvis Street. It’s an option that puts severe limits on future development (and future revenue for the city) of the waterfront area outside of the Unilever site. It’s an option that leaves an elevated expressway running through the downtown core of the city. It’s an option that caters almost exclusively to some 3% of morning car commuters to the CBD and a recent organization calling itself the Gardiner Industry Coalition (or, as I like to think of them, Drivers Inc.)

scratchmyhead

It’s an option that makes fundamentally little sense for more than a few reasons but none so pointedly as its fiscal recklessness. Something candidate John Tory assured us he would, could never be. Corporate titan, astute businessman, private sector player, yaddie, yaddie, yaddie.

Clocking in just under 20 minutes during a deputation given to the Public Works and Infrastructure Committee on Wednesday, Alfredo Romano of Castlepoint Numa, the largest private sector landholder of waterfront properties, dismantled each and every argument Mayor Tory and other “hybrid” proponents have made to keep this portion of the Gardiner, save for that tattered flag of, Won’t somebody think of the poor drivers. Watching this [h/t @_JohnTory, no relation], it’s difficult not to conclude that our mayor is less a savvy businessman and more a crass, ham-fisted, self-interested politician.

I especially love this next bit. Mr. Romano points out that the city is also a major property owner down at the waterfront. In his view, maintaining the Gardiner east which essentially the “hybrid” option does, serves to shoot ourselves in the foot. The hybrid option will “take away the value of your own asset”, he told the committee. Reading between those lines, I can’t see any reference to fiscal prudence or sound management practices.

They’re calling this a 100 year decision, laying it on a bit thick, in my opinion. The Gardiner Expressway is barely 60 years old and has been falling apart for a decade or so now. Still, it is a very important decision, one that will affect the future development of the waterfront. Until recently, this city hasn’t been very good at that. So I don’t think it too over-the-top to suggest that how Mayor Tory comes down on this will go a long way to determining how posterity will view his time in office. He’d be wise to reconsider his options on this.

prognosticatingly submitted by Cityslikr