Thursday, November 21, 2013

Flaherty not in favour of national transit strategy

Although it likely comes as no surprise, Finance Minister Jim Flaherty--the member of parliament who holds the purse strings for the federal government--is not in favour of a national transit strategy to offer predictable funding to municipalities for public transit projects.

Flaherty was recently quoted in the Edmonton Journal about a project taking place in Alberta's capital on the issue:
"Quite frankly, I’m not a big fan of fancy, big national programs. I’d much rather take the approach we’ve been taking, and deal with the City of Edmonton … deal with the various municipalities."
So far, that strategy has worked fairly well for Ottawa, as the city has received $600M in federal funding for the $2.1B Confederation Line LRT project. However, it also means that the city--as well as other cities across Canada--are forced to plan transit blindly, designing systems they'd like under the assumption that the federal government might offer one-time funding for it. We're seeing that right now with Ottawa's Stage 2 draft transit plan, which has a price tag of about $2.5B and therefore expects the federal government to come forward with another $830M or so--roughly one-third of the overall cost (the remaining two thirds, in line with past funding agreements, would be split equally between the city and the Province of Ontario).

A national transit strategy was a campaign promise of both the NDP and Liberal parties in the last federal election (the NDP even tabled a motion to establish one), and it's something very strongly supported by the Federation of Canadian Municipalities (FCM). The idea behind the strategy would be to commit dedicated funding in the annual federal budget that would be invested in eligible transit-related projects. Ideally, it would provide more predictable funding and make municipalities more able to plan transit projects thanks to the guaranteed funding.

Canada is, according to FCM, the "only OECD country without a long-term, predictable federal transit-investment policy."


caiyan said...

wholesale nike shoes
uggs outlet
canada goose uk
vans shoes
ralph lauren outlet
christian louboutin outlet
michael kors handbags outlet
red bottoms
true religion outlet
michael kors outlet

Unknown said...

celine outlet
versace sunglasses
fitflops sale
swarovski crystal
cheap jordans
coach outlet online
michael kors outlet online
ferragamo shoes
kobe bryant shoes
cheap nfl jerseys

chenmeinv0 said...

louis vuitton uk
louis vuitton
louis vuitton bags
cheap louis vuitton bags
cheap louis vuitton handbags
louis vuitton handbags
louis vuitton purses
louis vuitton outlet
louis vuitton purses
louis vuitton

Hua Cai said...

coach outlet store
bottega veneta outlet online
nike outlet store
coach outlet canada
timberland shoes
nike free 5
lululemon outlet
burberry outlet
louis vuitton bags cheap
jordan pas cher

John said...

louis vuitton
coach factory outlet online
jordan femmes pas cher
celine outlet online
uggs outlet
louis vuitton purse
adidas superstars
air jordans
coach factory outlet online

Obat Maag Ringan said...

The article was very nice and very interesting to read. Thank you for sharing the information

Obat Untuk Mengatasi Perut Kembung
Obat Ulu Hati Terasa Sesak
Obat Pendarahan Usus
Obat Ginjal Berkista
Pengobatan Alternatif Radang Sendi
Obat Tradisional Iritasi Lambung

Anonymous said...

thank you very useful information admin, and pardon me permission to share articles here may help

Obat sakit maag mendadak
Cara menyembuhkan tipes
Obat sakit pinggang sebelah kanan

Obat Susah Kencing (Buang Air Kecil) said...

Hopefully today's fun, very interesting article sekalali to read and may be useful for everything

Obat Atasi Luka Pasca Operasi
Obat Atasi Darah Rendah
Obat Infeksi Saluran Pernapasan Akut (ISPA)
Obat Ampuh Hilangkan Bopeng
Pengobatan Bisul Ampuh
Obat Atasi Keputihan