MetroVanWatch received this tip from a contributor. The story is covered in an article today by Don Cayo in the Vancouver Sun:
Hint: Vancouver does not do very well. Below is the intro and link to the actual report by the C.D. Howe Institute.
Holding Canada’s Cities to Account: An Assessment of Municipal Fiscal Management
2011 – Benjamin Dachis and William B.P Robson
Toronto, Nov. 23 – A new study from the C.D. Howe institute lifts the veil on opaque budgeting and routinely missed spending targets in Canada’s major cities. In “Holding Canada’s Cities to Account: An Assessment of Municipal Fiscal Management,” Benjamin Dachis and William Robson report groundbreaking research on major Canadian municipalities, and grade cities on the clarity of their budgeting and financial reporting, and on their records in hitting – or, more often, missing – budgeted spending targets.