Here's the thing... people make it sound as though all arts, literature, etc... would instantly disappear if the City of Toronto cut back on their subsidy of it, which is absurd. If for a period of time they didn't say, commission any new public sculptures - it doesn't also mean they're going to pull up a flatbed and remove all existing
sculptures from the city. What we see in the city now would remain largely intact - it just wouldn't be added to for a period of time. The vast majority of public art is not actually city funded at all, so if they were to cut away 20% of their funding, it would be equivalent to cutting back 1 or 2% of what may be produced over the period the cutbacks are in effect.
It's like a woman whose husband says "Honey, our company is cutting back and I'm only working 4 days a week for the rest of the year. We have to pay the mortgage and buy food, so to save money for a while, we'll eat out only once a week instead of twice, rent as many movies as we see in the theatre, and um, you can only buy one pair of shoes a month" and her replying "Only eat out once a week? But our friends will think we don't want to spend time with them!!" and even better, "No more shoes!? What am I supposed to do, go to work barefoot!@#?", when she has 2 closets full of shoes. "Come on now, let's not get hysterical, I'm going to be mowing the lawn myself instead of paying the landscapers." he says to her. "Philistine!!" she screams. "Suck it up, princess - I might have to sell my motorcycle!"