When a company's fourth-quarter profits were $40 billion last year, and the City of Toronto's operating budget for 2019 is less than $14 billion Canadian this year, one can see the reason for concern, and it's heightened by the fact that Sidewalk Toronto's sibling has taken a huge series of reputational and legal hits in the last few years because of business practices that have been found to be unacceptable, most recently in Europe.
