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TORONTO – Metrolinx, the agency created by the Ontario government to help co-ordinate and integrate all modes of transportation in the Greater Toronto and Hamilton area, has released a short list of possible investment tools to help pay for transit upgrades in the region.
Here are the suggestions:
— Development Charges
— Employer Payroll Tax
— Fuel Tax
— High Occupancy Tolls
— Highway Tolls
— Land Value Capture
— Parking Space Levy, including pay-for-parking at transit stations
— Property Tax
— Sales Tax
— Transit Fare Increase
— Vehicle Kilometres Travelled Fee
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