Hate for the plan to kill the federal tax credit for monthly transit passes in July made unlikely allies when the Liberal government’s new budget came out Wednesday.
The move means money out of people’s pockets, no question. But it shouldn’t make much difference to transit use or the environment.
“I know they’re getting out of those so-called boutique tax credits but that was one I would have hoped they would have kept,” Mayor Jim Watson told reporters. Ottawa sells nearly 145,000 transit passes a month, and a 15-per-cent tax credit does make them obviously more appealing. Over a year, it’s like a 12-for-10 deal.http://ottawacitizen.com/news/local-news/reevely-canadas-doomed-transit-tax-credit-never-did-much-good