This article was last updated on April 16, 2022
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According to estimates provided by Toronto city staff, it will be spending a gigantic $106 million in order to recover from last month’s horrendous ice storm, which resulted in serious power failures for thousands of Toronto Hydro customers and caused chaos on Toronto’s streets. Upon adding the cost of the massive July rain storm reclogging, i.e. estimated to be $65 million, bureaucrats are seeking the total disaster recovery price for the City of Toronto in last year to exceed $171 million.
City officials are aiming that they want council to seek help and financial assistance from both federal and provincial governments. The council members are meeting on Friday in order to debate on the price to be sought in lieu of the storm-related financial assistance. Moreover, in addition to the request for cash, city staff has also recommended the council to urge the province to declare Toronto a “disaster area,” which would make it eligible for the Ontario Disaster Relief Assistance Program.
According to City Manager, Joe Pennachetti, he is working with other GTA municipalities hit by the ice storm in order to round up support for asking the province for help. He predicted that the whole region might be overall seeking assistance up to $250 million in ice storm costs. Pennachetti alleged that “we all feel strongly that there needs to be something that assists us in regards to this.” He added that “as a group of municipalities, we’re arguing that we need assistance — this is very big for us. We can’t afford it.”
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