...Rather than freezing the public sector, this moment should be an opportunity to address the crisis in the transportation sector that is so vital to Ontario’s whole economy, as measured not only in auto industry shutdowns and layoffs but in notorious traffic congestion on our roads.
This would mean converting auto assembly and parts plants to the production of energy efficient mass transit vehicles and using the tax revenues from the jobs generated thereby to fund free public transit. If there was ever a time to use Ontario’s capacity to raise funds in bond markets for this, it is now. Far from placing a burden on future generations, it would guarantee them a future.... TheStar
Tuesday, July 20, 2010
at 8:35 AM