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By Kiely (registered) | Posted March 01, 2013 at 10:33:59 in reply to Comment 86937
I worry the "New sources of income" (i.e., taxes, tolls, fees) discussion is going to make this an even more divisive issue than it already is and delay progress even further. Just for the proposed cost of the Hamilton LRT we need to find another ~$65 per Ontarian. If there is no money left in the pot and new sources of income are required to fund the remainder of the Metrolinx grand plan we are going to have a very long fight just for transit funding ahead of us.
When you need to find additional methods of funding, beyond the already burdensome tax load placed on the citizenry, for essential infrastructure like transit it implies a long history of fiscal mismanagement by our governments and does not bode well for the future investment in public works. Remember we aren’t just wondering how to pay for new infrastructure we have been deferring maintenance on much of our current infrastructure for many years as well. In our current political/economic paradigm we aren’t even maintaining what we have while we struggle to find ways to pay for what we need.
I have a hunch we are going to need more than just new ways for the government to suck cash out of our pockets if we want this to work.
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