Besides a struggling pension

Besides a struggling pension fund, high home prices, and other factors, a significant contributor to the city’s woes lies in the controversial privatization initiatives from the 2000s, known as the “Great Chicago Sell-Off.” Over the past two decades, these decisions have siphoned an estimated $3 to $4 billion from Chicago. The privatization trend began under former Mayor Richard M. Daley, starting with the Chicago Skyway. In 2005, the 7.8-mile toll road was leased to a consortium led by Spain’s Ferrovial and Australia’s Macquarie Group for $1.83 billion. Tolls were raised immediately, and in 2016, the 99-year lease was sold to “a trio of Canadian pension funds” (the Ontario Municipal Employees Retirement System (OMERS), the copyright Pension Plan Investment Board (CPPIB), and the Ontario Teachers’ Pension Plan (OTPP)) สล็อตเว็บตรง