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."
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.
California Invests Additional $5M in Electric School Buses
The state wants to electrify all of its school bus fleets by 2035.
Austin Launches $2M Homelessness Prevention Fund
A new grant program from the city’s Homeless Strategy Office will fund rental assistance and supportive services.
Alabama School Forestry Initiative Brings Trees to Schoolyards
Trees can improve physical and mental health for students and commnity members.
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.
Ada County Highway District
Clanton & Associates, Inc.
Jessamine County Fiscal Court
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
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NYU Wagner Graduate School of Public Service