TOareaFan
Superstar
The biggest problem with I have with the notion that "segregating the money for transit makes sure it goes to transit" is that it offers no guarantee whatsoever.....the segregation of the money was the concept of the Hydro Debt Retirement Charge introduced in 1999 to pay off a $7.8B.....Bonnie Lysyk, said last year that the amount collected has grown to $10.6 billion as of 2013 — even though the government claims there’s still $3.9 billion owing.
Today, magically, we are told that it will disappear in 2016....estimates are that the DRC raises about $1B a year.....so, if the $3.9B government figure is to believed, the remaining balance (wherever that came from) will only be half paid off in 2016 yet, for some reason (political?) they can eliminate this charge before the segregated debt it was meant to pay is paid off).
This is an example of what can happen to segregated monies.....and that can happen no matter who is the government.
Today, magically, we are told that it will disappear in 2016....estimates are that the DRC raises about $1B a year.....so, if the $3.9B government figure is to believed, the remaining balance (wherever that came from) will only be half paid off in 2016 yet, for some reason (political?) they can eliminate this charge before the segregated debt it was meant to pay is paid off).
This is an example of what can happen to segregated monies.....and that can happen no matter who is the government.