10 — Wednesday, September 16, 1992 - North Shore News Parking tax to hit retailers hard |, Bill 51 will do more harm than good, industry representatives say ACCORDING TO. the Retail Industry of British Columbia a bili passed by ‘the “provincial government ‘to. reduce the annual B.C. Transit deficit through a non-resident parking tax will further erode the declining retail industry. ‘By A.P. McCredie ‘News Reporter. es ain 51, passed into law July 3, éalis: for a taxon non-residential ‘parking spaces’ within ‘the Greater The :-purpose erty owners is ic reduce. the : iCz.-Transit deficit (estimated at’. $28.5 maillion in 1991), and to romote- the use of the transit ‘system’ over the prix ate automobile... A‘ similar tax is currently ‘being ; ‘used in metropolitan Toronto. dent Brian Lees. Lees added that the tenants, in turn, wovld adjust the prices of their goods and services to absorb the increased rent cost, thus the consumer would be the one pick- ing up the brunt cf the new tax. “It can be expécted that marginal privately operated park- ing facilities will be closed, adding to the parking deficiency, while municipal parking operations will have greater difficulty remaining self-sufficient,’’ Lees said.’ ‘In beth cases, layoffs will oc- ~ cur, leading to aot only increased “unemployment and welfare. roils, but. also labor unrest within the unionized companies.’’ .North Vancouver District a -Mayor’ Murray Dykeman, -a member, ef the Vancouver Regional: Transit: Commission, But’ many,:busiaess owners in :-} many... retail, busi fi toed to ‘close, a buitte fare ry” fnductyy ft B.C. states The law ‘allows ‘mun palities to impose ‘a tax” on- non-fesidentia! property ‘ewsers” based’ on the | Ssquare-footage of on-strest and ff-street’ stalls . serving corner ‘stores, “shopping malls, . offices; ‘schools, churches, clinics, hospi- als, © recreational facilities and , Call wday to receive your com- . plimenti ry. bookict. Seacthcacas rntedarensinent adece sere 192 * Bruce A Hawkshaw City Clerk - agrees that the tax could do substantia! damage to the small business sector, but he says the ever-increasing transit deficit must be brought under control. “If something is not done soon, in three years’ time we could be looking at a $65 million deficit,” Dykeman said. He added that ‘*! haven't come to a decision yet (on the parking " tax), but it is quite clear that we must come up with an equitabl: way of dealing with the deficit.”’ The mayor said alternative sources to fight the deficit must be addressed. “In the city of Paris, they have a payroll tax, where part of every working person’s pay goes to the operation of the transit system,” said Dykenian Lees proposes the B.C. Transit ith _ ee . shortfall be paid off by automobile users. ; “If the purpose of Bill.51 is to raise funds for transit. and motivate people co favor public transit over the automobile, then || it is automobile use, and no: parking, that should be target he said. Since there are over one million - registered vehicles in the area, Lees suggests a £28 increase in registration fees to cover the $28 million deficit. Vancouver City estimates that it will cost at least $1.5 million to collect the surtax for 1992. ” The Vancouver Regional Transit Commission is holding a special - Oct. 7 meeting on parking taxes. Dykeman said a decision by the commission should be ‘handed down by December. * 3. Additional 1 proof iof residence for non-owned vehicles. "Company, lease etc.) i.e. current bill, hydro, Phone. encouraged to ‘Contact the "Bylaw Clerk at 985-761, Local 300, 8:30 a.m. to 4: 30 P for further information. . a :