IYes, funding is an issue but personally i'd rather see contributions from section 37 benefits go on infrastructure/public realm improvements like this - as one possible funding option, for example - than on token art projects (yes, some are better than others I know).
Very little Section 37 money is spent on public art. Public art is funded, essentially, from the Percent for Public Art program. Section 37 funds are used, currently, to improve parks, streetscapes, community centres, libraries, and the like. As the hydro poles and wires are owned by Toronto Hydro, a quasi-public entity, and not the City directly, there would likely be some legal hurdles to overcome before Section 37 funds could be allocated to burying them.
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