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Henrik Bechmann (Toronto) 🇨🇦 I try to be woke
henrikbechmann.bsky.social
did:plc:72sruzqoma3upja2p6inhpbb
Today's meditation on City of Toronto finances.
We just went through a period of terrible disruption and suffering as the result of the Covid epidemic. This put great financial strains on the City.
Yet Toronto now has historically high reserves (~$13B), and a triple A credit rating.
How?? 🧵
2025-02-12T11:57:11.551Z