Over the past two years Toronto has lost credibility on the world stage. Private equity investment in our city has dropped to an all time low, combine this with Mayor Ford's continuous ignorance of the law and our city comes across as an extremely unstable environment to do business in.
As Mayor of the city, Rob Ford has a responsibility to put Toronto first, to recognize the economic damage this legal verdict surrounding his affairs will have on the city. The perception of corruption can damage both short and long-term investments in Toronto, and if Mayor Ford's removal from office (despite the reasons) is prolonged this perception will grow tarnishing Toronto's reputation even further.
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