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Canadian Railroads > "ACR has tremendous economic impact, study concludes "Date: 04/21/14 16:08 "ACR has tremendous economic impact, study concludes " Author: joemvcnj Date: 04/21/14 16:59 Re: "ACR has tremendous economic impact, study conclude Author: Lackawanna484 Thanks for the link. It sounds like the survey produced the results stake holders hoped. It doesn't explain why ridership has dropped by more than half since 2005.
>>he BDO Canada study, led by Joe Melisek and Jacob Barton, shows that while the direct impact of the service is somewhat limited at about $2.76 million, the indirect economic impact ranges between $13 to $16.9 million. The induced impact also has a significant effect ranging between $22.2 to $28 million. In addition, the service generates 220 jobs and contributes to the delivery of more than $5 million in tax revenue to government coffers annually.<< Date: 04/22/14 16:36 Re: "ACR has tremendous economic impact, study conclude Author: joemvcnj So $5M tax revenue return for a $2M subsidy. Only a fool would want to kill that. Where else do you get 250% return for your money ?
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