Toronto Mayor Olivia Chow believes that her city will suffer no consequences for reneging on an agreement with the federal government. The city was supposed to amend zoning rules to allow sixplexes as of right across the city in exchange for federal funding, and is refusing, but the mayor doesn’t think Ottawa will pull its subsidy. This despite the fact that Prime Minister Mark Carney’s first housing minister, Nate Erskine-Smith, already told the city that the federal government would claw back 25 per cent of roughly $120 million if the city didn’t approve the measure.