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NEWS TOPIC

# Toronto finances

2 stories, newest first. Times are Eastern.

## Saturday, November 7

NewsLong read

### [Toronto enters 2027 budget season with a $1.1B gap, a TTC deficit, and no provincial deal](https://voche.me/on/toronto-2026/news/toronto-2027-budget-gap-ttc-province-november-2026)

With the provincial operating deal expired and no new one coming, Mayor Chow is pursuing each issue with the province separately as the city builds its 2027 budget.

9:00 am ET5 min read

## Friday, November 6

NewsReported

### [Toronto freezes non-frontline hiring as city faces $1.1B budget gap after province rules out new deal](https://voche.me/on/toronto-2026/news/toronto-hiring-freeze-budget-shortfall-november-2026)

Mayor Chow announced a non-frontline hiring freeze on November 6 as Toronto faces a $1.1B shortfall after Ford said there will be no new provincial deal.

9:00 pm ET3 min read

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