Toronto library study aims to put a dollar figure on their value

“The U of T’s Martin Prosperity In?stitute will tell Toronto, in dollar figures, the worth of its public library system. The economic impact study, a first of its kind in Canada, will be funded by the Toronto Public Library Foundation with contributions from TD Bank Group and the estate of Norman G. Hinton. No city money will be spent. Councillor Paul Ainslie, chair of library board, said the idea crystallized for him during 2013 budget debate as community groups used economic multipliers to demonstrate the wisdom of city funding.” (via Toronto Star)

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