Civil Municipal Magazine - Dec 2023

23 CIVIL AND MUNICIPAL VOLUME 4, ISSUE 12 nsuring a growing and vibrant economy is a top priority for Ontario’s municipalities. Of the three orders of government, municipalities have the greatest opportunity and ability to promote economic development. That said, supporting long-term growth in Ontario’s twenty-nine largest and fastest growing municipalities will require partnerships across all orders of government. This presents some interesting opportunities and challenges as municipalities plan their communities, provide critical services, build with purpose and work to attract and retain businesses. Municipalities large and small rely on property taxes, which don’t grow with the economy or inflation, to conduct their important business, accounting for more than 50% of the revenue municipalities collect. E ASSOCIATION OF MUNICIPALI TIES ONTARIO ONTARIO’S MUNIC LOCAL CHAMPION DEVELOPMENT