Comment 37176

By Capitalist (anonymous) | Posted January 20, 2010 at 14:58:07

@John Neary

I strongly supported the RHVP because it eased traffic conjestion in east Hamilton and is leading to greater commercial/industrial assessment (generating jobs and property tax revenue) on the east end and mountain. Most Hamiltonians supported this project. Larry DiIanni's defeat of David Christofferson for mayor in 04 was largely a vote on the RHVP.

As I mentioned in a previous post, dt Hamilton already has the AGH, the public library, numerous gallaries, live music venues, Copps Col., ballet, Hamilton place, theatre aquarius, etc. etc.

Yet despite all this the dt has been in decline for 30 years and struggles to attract private sector investment. What makes you think that spending more tax dollars in this area would change the situation? Especially since Hamilton has serious infrastructure issues and the Pan Am games to fund. (I would also point out that Hamilton has one of the highest residential tax to income ratios in Canada).

These Richard Florida pie-in-the-sky economic development ideas only lead to bankruptcy.

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