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Originally Posted by WaterlooInvestor
Here in Waterloo Region, our regional council (5 Kitchener, 3 Cambridge, 3 Waterloo, 1 for each township = total of 4, 1 regional chair) voted in favour of spending millions of dollars in Downtown Kitchener for the new McMaster/UW Medical School. Plus, this same council is in-favour of spending millions on an urban Rapid Transit line, including our chair who is from the town of Elmira (pop. ~10,000).
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Waterloo regional council is in a position unique from Hamilton, in that it has an expanding tax base and can therefore more easily support expensive capital projects. Hamilton has a stagnant corporate tax base which has seen two decades of steady decline. Coupled with the added social costs Hamilton was burdoned with (thanks to Harris and Flaherty), money has been extremely tight. Unfortunately most city councillors let self interest come ahead of the overall well-being of the city, so cohesive city-wie plans such as Hamilton's GRIDS project play are overlooked in favour of individual councillors' pet projects. When money is tight, self-interst prevails.
Hamilton has been making some advances towards making the city more attractive to investment (completed ring road, - sorry RTH, right or wrong, this is a major investment catalyst - innovation park, competitive corporate tax rates, expanded property development grant and loan programs) The combined effect of these initiatives will bear fruit in the coming years in the form of a growing corporate tax base. Then perhaps council will feel more comfortable with making decisions and advancing on the big-ticket, city-wide projects rather than their indefinite deferrals.