Money that could have been used to build transit instead of clogging up the streets with more cars....
If you decided to go active transportation instead:
$15Bn would make 150,000km of should bike lanes (enough to cross Canada 19 times) or 15,000km of multi-use path (cross Canada twice).
Or you could build 625 lane km's of road. (So 312.5km of two lane, or 156km of 4 lane)
That's not how tax breaks work. The government isn't giving money away, it's just pledging to not collect money in the future. I don't know the specifics of this deal, and $15B seems like a lot compared to the scope of this project, but it's likely that if they didn't offer tax breaks at all, this would have been built in Mexico or USA instead. There was probably a number in between 15B and zero that would have still brought them to Canada though.
Presumably the government accountants who made this deal expect this project to bring in significantly more then $15B in taxes over a decade or so of operation.
Presumably, when we build infrastructure, we are doing so because moving people and goods will provide an ROI.
In practice we rarely quantify the ROI, and the whole process is very unscientific.
Canada
What's going on Canada?
Related Communities
🍁 Meta
🗺️ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
🏙️ Cities / Local Communities
- Calgary (AB)
- Comox Valley (BC)
- Edmonton (AB)
- Greater Sudbury (ON)
- Guelph (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Windsor (ON)
- Winnipeg (MB)
Sorted alphabetically by city name.
🏒 Sports
Hockey
- Main: c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montréal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL): incomplete
Football (CFL): incomplete
Baseball
Basketball
Soccer
- Main: /c/CanadaSoccer
- Toronto FC
💻 Schools / Universities
- BC | UBC (U of British Columbia)
- BC | SFU (Simon Fraser U)
- BC | VIU (Vancouver Island U)
- BC | TWU (Trinity Western U)
- ON | UofT (U of Toronto)
- ON | UWO (U of Western Ontario)
- ON | UWaterloo (U of Waterloo)
- ON | UofG (U of Guelph)
- ON | OTU (Ontario Tech U)
- QC | McGill (McGill U)
Sorted by province, then by total full-time enrolment.
💵 Finance, Shopping, Sales
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
🗣️ Politics
- General:
- Federal Parties (alphabetical):
- By Province (alphabetical):
🍁 Social / Culture
- Ask a Canadian
- Bières Québec
- Canada Francais
- Canadian Gaming
- EhVideos
- First Nations
- First Nations Languages
- Give'r Gaming (gaming)
- Indigenous
- Inuit
- Logiciels libres au Québec
- Maple Music (music)
Rules
-
Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.
-
Misinformation is not welcome here.
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca