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By A Smith (anonymous) | Posted January 20, 2009 at 22:18:36
Jason, another big difference between Montreal (and most other big cities in North America) and the old city of Hamilton are the property tax rates. In Montreal, they are about half what we pay here. I know people will say that's because our assessments are lower, but that is an excuse.
If people in the downtown demanded that the city start lowering the rate at which their properties were taxed, I guarantee you would see greater interest in the area. Over time, this would result in more people with disposable income, more shops, restaurants, condos and more reasons to stay in the area. Thus, instead of being a place to drive through, the downtown would pull people in. This alone would likely slow traffic measurably, even without lower speed limits.
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