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Administration Martinez Ferrada: Budget of 7.7 Billion - News Directory 3

Administration Martinez Ferrada: Budget of 7.7 Billion

January 13, 2026 Victoria Sterling Business
News Context
At a glance
  • Vous avez été nombreux à pester contre l'état des rues et des‍ trottoirs ⁢glacés depuis une semaine, à ‌Montréal.
  • À​ zigzaguer entre des ‌nids-de-poule géants, toujours pas colmatés.
  • À vous ‍questionner sur​ la‌ pertinence de la dernière opération de ⁤déneigement,lancée tout juste avant un redoux.
Original source: lapresse.ca

Vous avez été nombreux à pester contre l’état des rues et des‍ trottoirs ⁢glacés depuis une semaine, à ‌Montréal.

À​ zigzaguer entre des ‌nids-de-poule géants, toujours pas colmatés.

À vous ‍questionner sur​ la‌ pertinence de la dernière opération de ⁤déneigement,lancée tout juste avant un redoux.

À vous demander ce que fera la nouvelle management municipale pour redresser⁢ la barre – ou ⁣pas -⁣ d’ici la fin de l’hiver.

Already, on Monday, a streamlining effort will be observed. I am‍ told of ⁢”recurring” savings of 79 ​million, achieved by trimming various expenses. This cost-reduction exercise was launched two years ago by ⁣the previous ‍administration, it should be noted.

But it is really with the ⁢next budget, at ​the ‍end of 2026, that the extent⁣ of the tightening will ⁢be seen, I am ⁤told. the coming months will be devoted to carefully examining⁣ the enormous‍ machine of 28,000 employees.

Then:⁢ choosing where to make cuts.

Because this is one of the main election promises of the new mayor: to refocus Montreal on its ⁤”core businesses,” such ​as‌ snow​ removal. And to prune more ‍peripheral missions, deemed non-essential.

I mentioned it to you before Christmas: residential ⁣property ⁤owners ⁣will see their property tax ‌bills increase by an average of ⁢3.4% this year1,​ roughly in ⁤line with inflation. The level of pain will vary depending on the borough.

The⁢ average increase will be similar (3.4%) for buildings like

Montreal Faces Labor Negotiations and Potential‌ Tax Increases

Montreal Mayor Soraya Martinez Ferrada‘s administration‌ faces notable financial challenges, including upcoming labor negotiations and the potential for increased taxes. ⁢The city must‌ renew seven ​collective bargaining agreements, including one for blue-collar workers, all of wich have expired.

City⁣ Employee Costs

Employee compensation, ⁢including salaries and benefits, represents Montreal’s largest⁢ expenditure. In the previous year,​ the city’s workforce cost $2.8 billion CAD. La Presse reports that each percentage point increase in labor costs will add $25 million CAD to the tax burden ‍for Montreal residents.

upcoming Labor Negotiations

The renewal⁢ of these⁤ collective agreements ⁤will be a major undertaking for Martinez Ferrada’s team. The negotiations will likely focus on wages and benefits, and the outcome could significantly impact the‍ city’s budget and property taxes. As of January 13, 2026, no ⁤new developments‌ regarding the negotiations have been publicly announced.

The original article can⁤ be found here.

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