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Transport committee  I come from Vancouver where all taxes combined amount to 50 cents per litre of gas.

October 24th, 2011Committee meeting

Gregory Thomas

Transport committee  Could you give me an example?

October 24th, 2011Committee meeting

Gregory Thomas

Transport committee  Yes, that's it.

October 24th, 2011Committee meeting

Gregory Thomas

Transport committee  Yes. I mean, roads have been a provincial responsibility since Confederation. The federal government taxing fuel is something newer. For the longest time, the federal government taxed fuel and didn't contribute to roads, and that caused a lot of resentment in urban areas and in p

October 24th, 2011Committee meeting

Gregory Thomas

Transport committee  I think it's very clear that for every penny or nickel of excise tax on motor fuel that the Government of Canada stopped collecting, the municipalities or provinces would start collecting it, in many cases, and they would apply that money to roads and transportation. So we think

October 24th, 2011Committee meeting

Gregory Thomas

Transport committee  We don't think broad-brush federal guidelines lead to effective services. In the area of health care, we believe that the Canada Health Act has stymied innovation and has prevented provinces and local health authorities from innovating. In the areas of densification and download

October 24th, 2011Committee meeting

Gregory Thomas

Transport committee  I'm saying that in order to achieve density, the real costs in driving huge distances have to be captured. We have gridlock in a place like Toronto because that massive system of freeways costs nobody anything to get on and to get off, except their time and their lives. We don't

October 24th, 2011Committee meeting

Gregory Thomas

Transport committee  Yes, and we also believe that the existence of these federal funds in some ways inhibits necessary transit and infrastructure developments, because provinces and cities honestly believe that if they wait long enough and scream loud enough, the federal government will ride to thei

October 24th, 2011Committee meeting

Gregory Thomas

Transport committee  Sure. We support port developments, the St. Lawrence Seaway, Great Lakes transportation infrastructure, fighter jets, the things that are clearly within the... Northern development....

October 24th, 2011Committee meeting

Gregory Thomas

October 24th, 2011Committee meeting

Gregory Thomas

Transport committee  No. No, we would strongly oppose that. We think the FCM's collective track record is just absolutely abysmal.

October 24th, 2011Committee meeting

Gregory Thomas

October 24th, 2011Committee meeting

Gregory Thomas

Transport committee  We believe necessary infrastructure in the federal jurisdiction should be justified, debated, and examined on a project-by-project basis. We reject Keynesianism in all its forms. Generally speaking, we don't think the solution to a debt crisis is more debt. We were opposed to the

October 24th, 2011Committee meeting

Gregory Thomas

Transport committee  No, some of the other banks' research analysts were the top-rated ones, so their's was research I read.

October 24th, 2011Committee meeting

Gregory Thomas

Transport committee  I know that you're making the case for your bill, and it's impossible to argue against having a strategy or a plan, but our point is that the federal government has no useful place in this process. Gathering people in Ottawa to put together a transit strategy.... There are plenty

October 24th, 2011Committee meeting

Gregory Thomas