Search results for #IMFGTalks
Extra deep dive by Peter Wallace this afternoon. Appreciate the complex relationship between the feds, province & our elected municipal representatives. Though I think constituents are still looking for a few councillors to flex the #PoliticalWill to move more forward #imfgtalks
Extra deep dive by Peter Wallace this afternoon. Appreciate the complex relationship between the feds, province & our elected municipal representatives. Though I think constituents are still looking for a few councillors to flex the #PoliticalWill to move more forward #imfgtalks https://t.co/O8Bl5sIFru
Wallace: Municipalities rush to the front of the line to say they can solve problems but do they really have the tools? #imfgtalks
Speak about different cultures in different orders. Wallace: Toronto culture is an expert culture. Federally and provincially, the ADM ranks are managerial (not from the policy fields they are in charge of) and lots of change. Programs can be abstract. #imfgtalks
Are we getting value for money? Wallace: There is a lot of waste. There is a lot inefficient decision-making with bureaucrats. #imfgtalks
Wallace: Working at the city was surprising - the complexity of the finances, the constrained environment. At the federal level, what was surprising was its size. #imfgtalks
[Toronto, ON] Full house for Peter Wallace’s #IMFGtalks session on - “The Culture of Public Money: Local, Provincial and Federal Perspectives” - a candid chat about the financial governance at the heart of Canada’s federal government, its largest province and the largest city…📊
[Toronto, ON] Full house for Peter Wallace’s #IMFGtalks session on - “The Culture of Public Money: Local, Provincial and Federal Perspectives” - a candid chat about the financial governance at the heart of Canada’s federal government, its largest province and the largest city…📊 https://t.co/Ce0tm9cq7l
Wallace: Need for federal and provincial governments to recognize how good municipalities are. #imfgtalks
Wallace: Don't expect municipalities to fix problems they didn't cause. #imfgtalks
Wallace: Important to remember how good municipalities are. If there is trouble, it is usually in conjunction with senior orders of government. #Imfgtalks
Wallace: Cities don't have the ability to finance what they want because of the revenue limitations unlike other orders of government. #imfgtalks
Wallace: Toronto - divisions may follow your instruction but agencies may not (doesn't happen at the federal order). #imfgtalks
Wallace: Toronto - budgetting is "super visible" as are revenues. Of course, expense limitations and visible services. What is challenging: policies are adjusted throughout the year, but the bugetting is annual. #imfgtalks
Wallace: this means senior governments can establish and sustain strategic objectives. #imfgtalks
Wallace: There is actually a lot of scope when it comes to spending, little is legislated (just the interest on debt). #imfgtalks
Wallace: Revenues are opaque. Even if you have a balanced budget mentality, even if you are off - "not a big deal." #imfgtalks
Wallace: To make change you need the jurisdiction. Need to do things and act strategically. Take on risk and absorb it. #imfgtalks
Wallace: Governments are really big. $500 billion spend at the federal level; Ontario at $210 billion; Toronto at $17 billion. #Imfgtalks
Wallace: Need to ask who can do what before who should what. #imfgtalks
We'll be starting our sold-out talk by Peter Wallace on The Culture of Public Money: Local, Provincial, and Federal Perspectives. Peter has served as the Secretary of Treasury Board, Toronto City Manager, Head of the Ontario Public Service among other roles. #imfgtalks
Thank you to @imfgtoronto for the opportunity to be part of the conversation about the challenges and opportunities ahead . #IMFGTalks
Thank you to @imfgtoronto for the opportunity to be part of the conversation about the challenges and opportunities ahead . #IMFGTalks
