It seems that the primary reason the Green line will be delayed is cost, perhaps we should be thinking of some more methods of funding that do not rely on province/federal, it might never happen if we do.
Here are my ideas:
- City owns many park and rides, many are in very attractive locations with sizable land. Ones within close proximity to downtown would be extremely attractive and profitable to developers. Brentwood, Dalhousie, Chinook & 39 ave come to mind. Full list here with parking stall sizes:
http://www.calgarytransit.com/html/park_n_ride_locations.html
Atlanta Transit service has recently decided to sign 100yr leases with developers on the land to develop residential/mixed use space. Not only does this increase ridership but the profit from long term consistent leases to the city is quite impressive. This would work very well in Calgary given our strong real estate market and low vacancy. I do not see a reason for parking stalls that represent a very small portion of the transit ridership to exist on valuable land, the future is not parking stalls.
- Continue this idea of long term leasing along the SELRT corridor, with announcement of an LRT to the SE, land values would certainly increase and the city has the power to invest in the land presently and pursue long term leases later.
- Billboard advertising along the LRT line and continue further LRT traincar advertising.
- Sell Enmax, really no need for a municipality to continue to own an electricity company, profitability from current energy sources has pretty much peaked. This alone could almost build the entire line.
- Hotel tax has been suggested, apparently wouldn't need provincial approval
- City charter, quite a few things could be modified but dependent on Province/Premier approval / leniency
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Introduce the dreaded but academically studied most efficient tax, a sales tax. Some will disagree but I encourage you to read the research that the general public won't read, economists do favor this. Times of low oil only make the reasoning more valid.
Business taxes and income taxes could be significantly lowered with a sales tax to fill the current margin. It would still generate more revenue as it capitalizes on Temporary foreign workers, tourists and spending on both the consumer side and business side. Business taxes don't work on large companies as accounting and offshore banking can drastically reduce paid tax. AB has the highest spending in the country, unfortunately we are not capitalizing on this. Lower business taxes draw more companies to relocate to the region, also creating jobs.
On the bright side:
First ‘quick win’ project underway as SE Calgary transit users await Green Line Transitway:
http://metronews.ca/news/calgary/1185440...ansit-users-await-green-line-transitway/