spider
Senior Member
It doesn't matter when a Provincial election is called or which party wins it. The transit funding problem in Toronto can not depend on the whims of a Provincial legislature, it is not their problem it is ours.Switching gears slightly, I have a question about the revenue tools for transit (apologies if this has been addressed already). Say an election is held tomorrow and the Liberals get a majority. They then increase HST by one per cent and increase a five cents on gas for the Big Move, both of which GTHA wide. Regardless of who is mayor on Oct 28, 2014 would such revenue tools still need to be approved by council for them to be put in place in Toronto?
There are only 2 sources of funding for new transit in Toronto or any other municipality.
One, raise property tax 10% and dedicate that money to capital costs ONLY.
Two, raise fares 10% across the board.
There is no free lunch.