Just as I suspected, Joe Fontana has put this city in a situation where he would likely have to contemplate selling off the marquee public jewels of the city like Museum London, the Covent Garden Market, the London Convention Centre etc., or admit that his tax freeze policy is impractical.

The city simply mustn't do some glorified garage sale for quick cash.  While an argument can be made for privatizing the public golf courses (an issue which I fully admit my sports indifference), this move would impoverish the city in a more profound way that would hurt long after the money is exhausted.  For instance, Museum London is supposed to be this public resource to celebrate London's arts and history and privatizing the institution would kill that public mandate. 

Fontana is certainly not getting the thousands of jobs he said he would get to compensate for the revenue lost, Bell Canada's arbitrary move of relocating over 100 to Toronto this month makes that obvious.  Even the big train locomotive manufacturer plant is getting under pressure against the company's American plants with the Canadian Dollar being $1.02 to the USD.

Being a former MP for the Federal Liberal Party of Canada, ie. the Party of Slightly Idealized Political Expediency, I would hope that Fontana will simply be able to face reality and recognize his tax freeze is not going to work in the long run.  In lieu of that forlorn hope, I just hope that more City Councillors will realize that same truth and protect what is best for this city.