How does the taxi industry in Toronto get away with limiting service
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The calamity surrounding the pre amalgamation discussions about increasing the Limo licensing almost got Mel busted. He was Mayor of NY but clearly demonstrated his bias when voting against and vetoing every attempt to wrestle money from his pockets. I heard he made more from his licences than his mayor salary and Bad Boy profits combined. Pretty sure he was forced to seek cover by "selling" his ownership (to family and pals)Ah ha. (I didn't know that).
Read this, and make the connection: http://torontotaxiprices.blogspot.ca
The calamity surrounding the pre amalgamation discussions about increasing the Limo licensing almost got Mel busted. He was Mayor of NY but clearly demonstrated his bias when voting against and vetoing every attempt to wrestle money from his pockets. I heard he made more from his licences than his mayor salary and Bad Boy profits combined. Pretty sure he was forced to seek cover by "selling" his ownership (to family and pals)
Read this, and make the connection: http://torontotaxiprices.blogspot.ca
I didn't see Lastman's name mentioned in the article, but it was an interesting read.
I read that cab drivers had to sign over the ownership of their cars to the cab licence plate owner, in order to rent the use of the license. RST must be paid based on the FMV of the car. Then there are deemed disposition tax rules. Unless those cars are worth nothing, I don't see how they deal with that.
Well, not a couple of years ago, they could sell as of July 1st this year. Then the plate falls under a new class TTL (Toronto Taxi Lic.) and has to be attached to "Wheel chair accessible vehicle" about 50k. "Few wealthy families" not the case anymore, day by day owner operator (one plate one owner).
Uber, at the end of the day, everyone one will pay more for their ride. No checks done on drivers, on cars, insurance etc, there is a lot to the cab business, but public is very misinformed.
If you want the real truth, ask me, I have the rights answers.
I thought the commssion made its decision a couples years ago. I wasn't involved. Not sure.
that was my point about the ambassador plates. To break up the oligopoly.
The accessibility standard is a joke. Talk about corruption. Who will do conversions? That's where the money is....
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Lastman lived next door to Grossman, it was no coincidence.I didn't see Lastman's name mentioned in the article, but it was an interesting read.
I read that cab drivers had to sign over the ownership of their cars to the cab licence plate owner, in order to rent the use of the license. RST must be paid based on the FMV of the car. Then there are deemed disposition tax rules. Unless those cars are worth nothing, I don't see how they deal with that.
The government is no longer in the oil business. I think it's cheaper to refine outside of Canada (we would have to build more refineries perhaps), and I doubt that we can consume all that is produced. Don't forget we still pay less than Europe and elsewhere. But I still bitch as well, because the oligopoly seems like they're charging more than is necessary to sustain exploration and production.
Naw, the stuff about selling out and buying back is nationalist rhetoric, popular with unionists and socialists who don't understand how commodity markets work. What's also missing is a grasp of how you go from the cost of a barrel of oil to the price of gas put in your tank.
Btw, did you hear that the current price of oil makes it borderline uneconomical to extract in Canada. Poor us. Lol.
You might need to look up what the word "control" means, particularly in the context of "control of supply/demand".You really need to look up how supply and demand actually works.
Uber is a whole lot less safe than a cab, but they brainwash their fanbois into thinking otherwise, because, well, technology.
But what it comes down to is survival: if, as a city, you want to have taxi services available for your citizens 24 hours a day, you will regulate it to ensure cab drivers can survive the quiet times in exchange for providing service during the busy times.
If, instead, you only ever want to be able to get a cab when everyone else is trying to get one, too, and you want to pay a "market rate" (i.e. five or ten times what you pay today), then you allow Uber to operate unrestrained. The "Traditional" cab companies will quickly go out of business, and the Uber drivers will only be able to afford to work during "peak" pricing periods.
Thanks for the info. Are the driver's registered/licenced? Are they just guys with a car who want to make some money driving people around?-you know where exactly where the cab is from you in real time thanks to the gps map
-you can call or text the driver directly since it provides the drivers name and phone number
-you don't need cash, the uber app charges your credit card that you have on file on the app (and tip amount which you can set), so you just hop in and out of the cab without ever needing your wallet
-if you want to roll like a baller you can choose to be picked up in a black car
Traditional cab companies have launched lawsuits all over the world against uber because they cannot compete with uber.
The beauty of services like Uber is that people that just want to make a bit of cash can do it part time without having to commit their entire lives to being a taxi driver. They can work during peak hours and chill out during slow hours...it is much better for everyone so that the streets are not full of cabs with no fares. I am amazed people who have seen cabs drive bring up the safety issue. If an Uber driver attacks a customer. His/her chances of not being caught are close to zero.
Naw, the stuff about selling out and buying back is nationalist rhetoric, popular with unionists and socialists who don't understand how commodity markets work. What's also missing is a grasp of how you go from the cost of a barrel of oil to the price of gas put in your tank.
Btw, did you hear that the current price of oil makes it borderline uneconomical to extract in Canada. Poor us. Lol.
I agree (lol).
Ah ha!Lastman lived next door to Grossman, it was no coincidence.
My dad years ago told me he rented a home to Lastman's 'girlfriend' (maybe she was nuts - I do remember him always complaining how much a PITA she was as a tenant). This was way before a guy alleged he was his illegitimate son. Hmmm too.
