Ford's $1-billion savings claim not accurate: City manager

Toronto Mayor Rob Ford leaves TCHC headquarters in Toronto. (ERNEST DOROSZUK/Toronto Sun)

Toronto Mayor Rob Ford leaves TCHC headquarters in Toronto. (ERNEST DOROSZUK/Toronto Sun)

Shawn Jeffords, Toronto Sun

, Last Updated: 10:05 PM ET

TORONTO -- Mayor Rob Ford’s $1-billion savings claim doesn’t hold water, according to city manager Joe Pennachetti, but Ford has banked more budget savings than former mayor David Miller did in his last term.

During a technical briefing for media Monday, Pennachetti and city chief financial officer Rob Rossini went over both Ford and Miller’s fiscal records. Ford’s boast of saving taxpayers $1 billion — a key part of his re-election bid — isn’t correct, Pennachetti said.

“He can say that he saved more relative to expenditure reductions relative to other mayors,” Pennachetti said. “But in terms of budget savings being $1 billion, that is misleading compared to previous administrations.”


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