FUNDING TRANSIT INFRASTRUCTURE

Written by on December 4, 2019 in NRU Greater Toronto - Comments Off

New revenue-generating tools are likely to be needed to make up for a shortfall in fuel tax funding due to a decreasing use of gas-powered cars.

A new report from the Residential and Civil Construction Alliance of Ontario (RCCAO) says uptake of more fuel-efficient and fully electric cars is leading to a faster-than-anticipated decrease in fuel tax revenue than had been projected in 2013.

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