Money and transportation
Dec. 1st, 2010 03:11 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
jsburbidgeFrom Rob Ford's first day:
1) Kill Transit City (net financial effect: land Toronto with heavy expenses for broken contracts and save little money, since the capital costs are largely borne by the province. Throw in a much-more-expensive subway system and it's still more money)
2) Make the TTC an essential service (net financial effect: wage and benefit settlements from compulsory arbitration are typically higher than from an unconstrained bargaining process).
3) Freeze property taxes.
Plus, of course, getting rid of the Vehicle Registration Tax.
This does not add up, especially with the overarching promise to save money and be more efficient.
1) Kill Transit City (net financial effect: land Toronto with heavy expenses for broken contracts and save little money, since the capital costs are largely borne by the province. Throw in a much-more-expensive subway system and it's still more money)
2) Make the TTC an essential service (net financial effect: wage and benefit settlements from compulsory arbitration are typically higher than from an unconstrained bargaining process).
3) Freeze property taxes.
Plus, of course, getting rid of the Vehicle Registration Tax.
This does not add up, especially with the overarching promise to save money and be more efficient.
