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US: Gas Prices Sending Surge of Riders to Mass Transit
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mindmetoo



Joined: 02 Feb 2004

PostPosted: Mon May 19, 2008 2:29 pm    Post subject: Reply with quote

Manner of Speaking wrote:
One thing I found interesting about the article is that many public transit systems in the US are partly financed by sales tax revenues; as a Canadian I didn't know this. As far as I know, in Canada most of the urban public transit systems are financed by federal or provincial subsidies, in addition to fare revenues. I think given the size of the urban US population, it will be easier for US cities to divert more and more of their transportation fleet to public transit than it will be for Canadian cities.


In Toronto, I was under the impression the subway was also financed, partially, by property tax and business tax. A business close to the subway enjoys more biz. A house or condo near the subway is worth more.
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mindmetoo



Joined: 02 Feb 2004

PostPosted: Mon May 19, 2008 2:34 pm    Post subject: Reply with quote

In Toronto, with high gas and the TTC being crap, lots of people decided to put their bikes back on the road. Bike shops all across the GTA are booked up solid doing "tune up" and repair work on bikes:

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