Monday, November 22, 2010

When Is A Shadow Toll Not A Toll?

NowWeAllPayIt
NowWeDoVille

When it is an 'invisible' shadow toll.

And/or so 'complex' that the great unwashed can't possibly understand it.

Allegedly.

Mark Hume, writing in the Globe and (nolongerEmpire) Mail, has Laila Yuile's story, here.

Me, I find the following, from one of the Mr. Gordon Campbell's most favoured P3 Snouters-In-Trough, interesting in the extreme:

".....Nicholas Hahn, managing director of Macquarie North America Ltd., admits the phrase may have passed his lips.

Strictly speaking, however, he said it’s not a “shadow toll” but a complex contractual arrangement with the province that uses incentive payments to ensure the highway is maintained at a high standard throughout the 25-year life of the contract....."


Ha!


.

2 comments:

Leah said...

Just a thought...is the Hahn of MacQuarie related to the Hahn of BC Ferries?

North Van's Grumps said...

No

The "left" Hahn is spelled Hann, Nicholas;
The "right" Hann is spelled correctly

But you asked if they are related, that I can't tell you