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the argument that the consumer price index used to calculate the inflation rate shouldn’t apply to city operations, since it doesn’t buy a lot of green grapes or tvs or whatever other spiralling costs residents face, is only valid to a point. one of the city’s largest expenses is salaries, wages and benefits for its 17,000 employees, and they buy grapes and tvs. and with the collective bargaining agreement between the city and its roughly 10,000 cupe local 503 workers expiring at the end of this year, and the agreement with its nearly 2,800 amalgamated transit union local 279 workers expiring next march, the city’s hole will only deepen.
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