Comment 66046

By Ryan (registered) - website | Posted July 12, 2011 at 10:32:46 in reply to Comment 66042

LRT does attract more tax-paying enterprises. If Hamilton's LRT performs similarly to other cities, we could see a billion dollars in new investments and $100 million a year in new tax assessments.

LRT also leverages our existing public infrastructure so we don't have to pay for more of it. This is good because the city doesn't collect anywhere near enough in development charges to pay the cost of suburban development. In other words, each new suburban development actually makes the city's finances worse.

If you enjoy living in the suburbs, you need to support an urban agenda that will pay for those suburbs. Suburbs do not pay for themselves.

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