Green Line LRT | ?m | ?s | Calgary Transit

Go Elevated or try for Underground?

  • Work with the province and go with the Elevated option

    Votes: 27 75.0%

  • Try another approach and go for Underground option

    Votes: 6 16.7%

  • Cancel it altogether

    Votes: 1 2.8%

  • Go with a BRT solution

    Votes: 2 5.6%
  • Total voters
    36
Wow this stuff makes no sense. You win. I figured those deductions were more for special purpose. So, there's a 10% tax abatement on revenue earned within a province or territory. Income earned outside of Canada is ineligible. Then there's the 13% General Tax Reduction on "Qualifying Income." And then it says anything subject to a rate of 38% qualifies unless there's certain other deductions applicable. The wording of that makes it sounds like both the 10% and 13% shouldn't both be applicable, then it goes to show them both being applied. So, why have the 38% rate at all? Freaking accountants.

I guess it also goes to show why Canadian companies don't branch out of Canada as often since you're going to get taxed at 2.5 times the rate.
 
Oddball said:
Wow this stuff makes no sense. You win. I figured those deductions were more for special purpose. So, there's a 10% tax abatement on revenue earned within a province or territory. Income earned outside of Canada is ineligible. Then there's the 13% General Tax Reduction on "Qualifying Income." And then it says anything subject to a rate of 38% qualifies unless there's certain other deductions applicable. The wording of that makes it sounds like both the 10% and 13% shouldn't both be applicable, then it goes to show them both being applied. So, why have the 38% rate at all? Freaking accountants.

I guess it also goes to show why Canadian companies don't branch out of Canada as often since you're going to get taxed at 2.5 times the rate.
Click to expand...
Well, but then you have reciprocal tax treaties - you only get taxed at that rate if you pay no foreign tax! And again, only for the flow through only one taxation type. Even most personal corporations opt to go the lower rate but double taxation route (lower corp tax, then a tax on distributions to individuals as dividends)

It gets complicated for sure!

So Greenline .....
 
I know it's a lot of money, but I think it's something worthwhile. I saw an article on Twitter that showed Richmond Virginia wanting to build an 80Mile BRT system when their bus system only supports 28K riders per day.
https://ggwash.org/view/63341/richmond-wants-an-80-mile-brt-network.-heres-where-it-would-go
Calgary's transit system does over 500k riders per day. Both cities are about the same population metro wise.

I think Calgary is getting reasonable value overall in this infrastructure build.
 
It's so funny how so many people were like "but what about going under the Bow River?!?! It's gonna be such a challenge!!!" Lmao! Cities around the world have done much more than that, and have been doing so for a long time! Vancouver's Canada Line alone literally goes under a small channel of the Pacific Ocean (False Creek), while the New York Subway and DC Metro both go under huge rivers, and DC is completely built on an alluvial plain, basically a marsh.

I'm wondering though, why were people so concerned about something that is actually so relatively simple in terms of such massive projects like this?
 
Precisely man. It's not a monumental challenge. It's merely the first time this has been done in Alberta. Alberta is just a small part of a very big civilization that we're part of.
 
Jansen: Calgary's new Green Line LRT project is going to transform the city
November 3, 2017


Key highlights of article:

"Shovels are already in the ground on Stage 1 of Calgary’s Green Line LRT, which is expected to create 20,000 jobs, including 12,000 direct jobs."

"The City of Calgary estimates that when Stage 1 is completed in 2026, the Green Line will reduce C02 emissions by 30,000 tonnes, every year – the equivalent of 6,000 vehicles."

"But make no mistake, not everyone thinks we should invest in our future and build public infrastructure. Our critics have announced their plans for reckless cuts, totalling billions – cuts that could stop the Green Line in its tracks.

That would mean fewer jobs today and more congested traffic tomorrow.

We will resist those calls. Rather than cut badly needed construction projects and put even more people out of work, we chose to lead the economic recovery.

And it’s paying off. This month the Conference Board of Canada confirmed Calgary has the fastest growing economy in the country. We are investing in the things that make life better for people: much-needed schools for our children, the southwest ring road, the new Calgary cancer centre and better public transportation, like the Green Line.

These careful investments are fiscally responsible, and they are incredibly important, especially right now. Our economy is turning a corner. We need to keep the recovery going.

Since last year’s Stampede, our economy has added 49,000 jobs. That good news will be even better when out-of-work Albertans have a paycheque in the bank, which is why we need to continue to invest and create jobs, not cancel construction projects and make extreme cuts."


Full article here: http://calgaryherald.com/opinion/co...ne-lrt-project-is-going-to-transform-the-city
 
That's great news on many fronts. Fastest growing economy and also Green Line u/c. Does anyone know what's actually u/c for the Green line or where they've started?
 
Hi Group,

I have to admit I like to Know where all these Job (?) figures come from. The Figures seem to B very high really.

Tnx,
Operater.
 
Operater said:
Hi Group,

I have to admit I like to Know where all these Job (?) figures come from. The Figures seem to B very high really.

Tnx,
Operater.
Click to expand...
You mean the 49,000 jobs? It seems high, but iirc the labour force numbers have been increasing the whole time of this downturn, one of the issues is that the eligible workforce has also been increasing due to a young population turning 15 each year and intl immigration, so it's kept the unemployment rate static. I think @Oddball has those numbers somewhere.
 
Alberta's employment picture.

Unemployment is high, near 10 year highs:
upload_2017-11-7_10-35-47.png


upload_2017-11-7_10-37-0.png


But the labour force is near the all time high too:
upload_2017-11-7_10-43-21.png


Which means that although unemployment is near its all time high:
upload_2017-11-7_10-44-27.png


That employment is also near its all time high:
upload_2017-11-7_10-45-47.png
 

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Hi Group,

I Can't Argue Figures as I Honestly Don't know a Lot about Them All. Sorry About that .Guess I Only go with what I read. Hope its OK/

Tnx,
Operater,
 
The 7 Avenue SW station will be the busiest in the city, being the intersection of all 3 LRT lines.

To accommodate the crush of people, they are looking at narrowing the road width of 2 Street SW and creating a large pedestrian plaza. I don't know the details or the scale of this project but I am hearing the road could be reduced to 3 total lanes for some stretch.
 
Hmmm interesting. 2nd isn't exactly a hot thoroughfare for drivers so I could probably get behind that. I explicitly voted for the tunneled options to prevent from losing roads like 2nd for driving, but reducing the number of lanes would hardly be killer. The construction and parked cars have had it nearly constantly at 3 lanes or less anyway. I'm assuming they'd primarily be using that god awful little concrete hell hole on the NW corner of 2nd Street and 7th Ave SW. I'd be all-aboard with that plan.
 
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