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Wednesday, July 16, 2014

Fleeting Prosperity

The city of Mississauga (near Toronto) that for years was thought of as a Prosperous, well-run city is no longer considered so. For decades, constantly in the black, no property tax increases and the mayor returned with a ninety per cent majority. Then the province started downloading services to the municipalities and Mississauga, like many towns and cities, could not cope. In 2013 it went into debt and raised property taxes. Under capitalism prosperity and security can be very fleeting for cities as well as for workers. John Ayers.

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