Development will fund transitGet Moving BC Advisory Board member Ian MacPherson had a great letter published in yesterday’s Vancouver Province.
Development will fund transit
Published: Wednesday, March 12, 2008
Funding an effective public transit system for a fast-growing area doesn't have to be done by burdening the taxpayer.
The group I belong to, GetMovingBC, recently asked TransLink's newly-appointed board to consider linking development of the transit system to real-estate development, as is the practice in Hong Kong.
B.C. taxpayers could benefit from the development potential of properties near transit systems, because it would provide the funding needed to build out our transit without raising taxes.
Ian MacPherson, Surrey