The Board of Trade Discovers Transit Funding

After years of howling that taxes in Toronto are too high, that no business would dream of locating here, that the Toronto economy is going down the tubes because politicians are not generous enough with their handouts, the business community has discovered transit funding as a major issue.

The Toronto Board of Trade published The Move Ahead:  Funding “The Big Move”, a document arguing that lack of infrastructure investment, specifically in transit, is a serious impediment to economic vitality in the Greater Toronto Area.  The Board’s report is based on a June 2008 Metrolinx report, but adds observations about the mechanics, implications and practicality of various revenue-generating measures, as well as examples of their use in other cities.

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