No, Rob Ford’s Crack Smoking is not Hurting Toronto Businesses

If you happened to pick up the Toronto Metro paper on Thursday morning, you might have noticed an article claiming that “experts” said that the scandal is bad for businesses in Toronto. It’s been echoed by other news outlets as well, including the CBC.

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This is the kind of assertion that’s easy to make, but rarely seems to be backed by any hard numbers. While its true that Toronto Region Board of Trade would like Rob Ford to step aside, its not uncommon for businesses to be overly sensitive to potential threats. But while we may not enjoy the additional and unflattering media coverage regardless of how funny it might be, it’s hard to see how Rob Ford’s personal life can overpower an entire city.

Because of the circus that is Rob Ford attracts so much attention, many feel like he can do permanent damage  to the reputation of the city. But cities are much bigger than their mayors, and few cities have ever been held back by the sordid private lives of their politicians. If you don’t believe me, simply compare the fates of Detroit to Washington D.C. and guess what was more damaging, the collapse of the auto industry, or Marion Barry’s own drug related escapades?

In the end the only lasting damage that a mayor or city council can do to us will be in the form of poor infrastructure and runaway costs. In other words the damage Rob Ford was doing before we learned about his crack use.

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