syn
Senior Member
An irrelevant perspective that would apply to urban areas containing about 60% of the country's population. As per your argument, Mississauga, Brampton, Oshawa, Markham, Vancouver, Calgary, Edmonton, Montreal, Quebec City, Winnipeg, Hamilton, London, etc are all a "province from an economic perspective."
Because it's not a province.
That's still a smaller percentage of the overall transit plan for Toronto than any other city in Ontario. Sooner or later, they will start voting in politicians who demand the same deal as Toronto. They'd be stupid not to.
You say that and always follow with:
So you're not really for raising revenue for transit. You just want revenue raised for projects you'll personally support (and I suspect benefit from).
Toronto's GDP is not far off Vancouver, Montreal's and Calgary's combined - and we're ignoring that these cities receive major provincial and federal investments.
If you have a problem with Toronto's property taxes, then I'm sure you'll take issue with theirs as well:
Montreal
- Estimated commercial property taxes per $1,000 of assessment: $37.12
- Estimated residential property taxes per $1,000 of assessment: $8.27
- Commercial-to-residential ratio: 4.49, up 1.9 per cent from last year
- -his is the tenth year in a row the ratio has risen in Montreal. Both commercial and residential rates fell from last year, but residential rates are declining more quickly. The city has one of the highest estimated commercial tax rates per $1,000 of assessment.
Vancouver
- Estimated commercial property taxes per $1,000 of assessment: $15.91
- Estimated residential property taxes per $1,000 of assessment: $3.68
- Commercial-to-residential ratio: 4.33, down 0.4 per cent from last year
- The ratio has been fairly stable for three years.
Calgary
- Estimated commercial property taxes per $1,000 of assessment: $14.11
- Estimated residential property taxes per $1,000 of assessment: $6.10
- Commercial-to-residential ratio: 2.31, up 2.2 per cent from last year
- Calgary has one of the lowest estimated tax rates on commercial properties per $1,000 of assessment
Toronto
- Estimated commercial property taxes per $1,000 of assessment: $28.98
- Estimated residential property taxes per $1,000 of assessment: $7.23
- Commercial-to-residential ratio: 4.01, down 1.5 per cent from last year
- The ratio has been falling for 11 years. The city aims to reduce the tax ratios for commercial properties to 2.5 times the residential rate by 2020. It cut residential taxes for the sixth year in a row.
If you think wasting transit dollars is a good idea, that's your prerogative. As a Toronto taxpayer I'm not a fan of billions in funding down the drain for an ill advised extension that essentially just helps politicians looking for votes.
As I've mentioned quite a few times before, I travel to Scarborough quite frequently - not only do I have no issue whatsoever with making an RT transfer (just as I don't have a problem transferring to the streetcar at Spadina), it offers a level of flexibility this $5 billion boondoggle will never provide.
This thread is about the merits of the SSE - I'd love to see what factually based 'merits' you can actually provide in it's favour, instead of pretending it's all about me not benefiting from it.