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Gas Taxes To Fund Sustainable Infrastructure

Posted by: Abhijeet Chavan
Thanks to: Craig Townsend
20 June 2005 - 10:00am

Cash from gas taxes will be used to fund publict transit and sustainable infrastructure in Canada.

"Montreal's public transit system will soon be getting a badly needed infusion of federal cash. Top federal government officials on Tuesday will announce a deal with Quebec that will provide an estimated $1.1 billion in infrastructure money over the next five years...Unlike other infrastructure programs that have seen tennis stadiums and conference centres built, this money will target public transit and environmentally sustainable infrastructure like water-treatment systems."

Full Story: Gas taxes to pump into public transit
Source: The Montreal Gazette, June 17, 2005
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.
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