This article appeared in the Toronto Sun on Monday October 6, 2014
The Wynne government recently elaborated on its plan to issue “green bonds” to pay for the latest transit pet project in Toronto — this time, a light rail train across Eglinton Avenue. Finance Minister Charles Sousa touted the strategy as an innovative and progressive funding model to pay the tab for the government’s ambitious plan for subways in Toronto. This plan includes borrowing an additional $500 million on top of the current $12.5 billion deficit.