FAST FACTS - Condos in the Park Easy Cash – Bad Public Policy

It results in a at all, they say, but rather a scheme, I solicited the dangerous shift in the way clever marketing scheme opinions of respected to get public support for colleagues with exper- we allocate tax revenues and what could be a very lucra- tise in city planning and it doesn’t solve the problem. [...] revenue from the sale or lease of the land, but also the property taxes from the new development, Is This Really a Solution? directly to a park endowment fund. [...] It should also be noted that the condo dwell- enough to be able to afford the cost of purchasing ers, like the rest of us, use public services that are the upscale condos. [...] Could we then argue that other public government tax cutting policies contributed to our spaces need targeted property taxes too? Why not current state? How does urban sprawl affect the Kildonan Park or The Forks? And if we begin to tie city’s ability to maintain our public infrastructure? revenue to specific projects, what is the impact on And what do we need to do to develop a long-term the broa. [...] What ever happened to the concept of Shauna MacKinnon is the Director of the Cana- funding public infrastructure through the public dian Centre for Policy Alternatives – Manitoba.