The municipal bond market is drying up, which is causing Canadian cities to rethink their budgeting for infrastructure projects.
"With financial markets in flux and the economy slowing, municipal governments across Canada are bracing for the fallout on their budgets. Some cities are considering delaying capital projects while others are looking to trim spending. Falling house prices could also translate into less money from property taxes, a key source of revenue for all municipalities.
While most Ontario communities borrow money through the provincial government, to take advantage of its stronger credit rating, Mr. Haddad said some municipalities rely on debt markets to fund part of their operations, and the municipal bond market has all but dried up."
FULL STORY: Cities gird for impact as economy falters
How the Pandemic Is Stressing the Mortgage System
As the outbreak continues, the country’s housing finance system faces a number of serious threats and challenges.
Advice to Cities Considering Bankruptcy: 'Don't Do It'
As the third California city in a month files for bankruptcy protection, fears of a domino effect worry many. While bankruptcy may seem like an enticing solution, officials that have gone through it caution about the downside.
Dubai's Formula of Tax Free Economic Zones and Mass Tourism Doesn't Work
Joshua Hammer describes his visit to the financially straitened emirate where he found "deserted highways, empty hotel rooms, miles of unsold residential and office space."
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
EMC Planning Group, Inc.
Planetizen
Planetizen
Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service