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Bullboard - Stock Discussion Forum Quarterhill Inc T.QTRH

Alternate Symbol(s):  QTRHF | T.QTRH.DB

Quarterhill Inc. is a Canada-based company, which is engaged in providing of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The Company is focused on the acquisition, management and growth of companies that provide integrated, tolling and mobility systems and solutions to the ITS industry as well as its adjacent markets. The Company’s solutions... see more

TSX:QTRH - Post Discussion

Quarterhill Inc > From Toronto Star ("Edward Keenan: For Mayor Chow . . .")
View:
Post by mrmoribund on Nov 20, 2023 2:37pm

From Toronto Star ("Edward Keenan: For Mayor Chow . . .")

Excerpt. See end suggesting possible opening for tolling on Gardiner & DVP.

The early months of Olivia Chow’s mayoralty have so far often seemed to have a bit of that childhood feeling of both possibility and uncertainty. Big housing plan, demands to fix shelters, and fix transit, and fix traffic, and deliver more and better services, and so on. How are we going to pay for it? Maybe the federal government will help by raining money on the city, or maybe the provincial government will step in and pay for a bunch of things it hasn’t previously, or maybe they’ll give Toronto a new revenue source such as sales taxes, or maybe the city budget process will reveal potential big savings or a previously unknown appetite amongst Torontonians to pay more locally. Could be anything!

Well, that part of this City Hall administration is going to come to an end now, in fairly short order. Decisions are about to start being made — or revealed — that will answer the open questions about Toronto’s government capacity. In a matter of weeks, the fantasy of possibility will be mostly replaced (at least for the immediate future) with a more accurate picture of achievable reality, for better or worse.

Some of the answers will be determined — and more so chewed over and considered — at the city’s in-person budget consultations, which begin Monday night in Scarborough and continue through the week and into next week. Mayor Chow and her budget chief, Shelley Carroll, have made a lot of fuss about the importance of these consultations as a place where residents can talk about what kind of city they want to live in, and share how much they’re willing to pay for it, and offer ideas or opinions on how it should be paid for. The success or failure of the project will depend in part on how fully Torontonians embrace the opportunity to get involved, but certainly what people say at those meetings is going to shape how the mayor and council proceed.

Another thing that will shape decision-making will come Tuesday, when Finance Minister Chrystia Freeland unveils the federal government’s fall economic update. The city has been making a lot of requests for federal cash — especially for housing and shelters, including a new ask for $600 million to $800 million per year for Chow’s housing plan. Chow has been expressing what may appear to be increasing exasperation with the delay in hearing a response about housing dollars — especially about the hundreds of millions or billions of dollars available in the housing accelerator fund.

But Chow also appeared at press conferences twice in the past week with federal officials, including one standing beside Freeland, expressing her hope good news was coming. Freeland, for her part, said she saw the mayor as a “progressive partner” and repeatedly said she didn’t intend to break any news early about what her budget update would contain. But she encouraged Torontonians to tune in.

And then, within the next two weeks, we’re expecting the provincial-municipal working group on a “new deal for Toronto” — which the federal government has recently joined to observe — to come back with a report. That group began its work with Premier Doug Ford acknowledging that the city needed help to fix structural issues that have led to a budget hole that’s reached $1.5 billion, and Chow pitching the possibility of a sales tax. As the group has been meeting, both rumours out of Queen’s Park and Chow’s own rhetoric suggest an upload of the costs of the Gardiner Expressway and Don Valley Parkway could be on the table, a move suggested earlier by former mayor John Tory and former mayoral candidate Ana Bailo that Ford had previously responded to with a hard no.

Comment by Socrates1 on Nov 20, 2023 2:56pm
The fall in ALL levels of governments (bankrupt and corrupt) will actually aid QTRH and other IT companies because they are hunting everywhere to replenish the endless wasted tax dollars now needed just for them to function.......... So yes Tolling, more cameras and any type of survailence that can and could generate $$ for them is and will be game around the world for at minimum the next 5-7 ...more  
Comment by Socrates1 on Nov 20, 2023 3:01pm
Should say: The incremental fall in all levels of goverments.. Since they've bin failing for awhile, as many here will agree...........
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