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Old 05-07-2012, 09:43 AM   #1
bizaro86
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Default New Taxi License Debate - Half to Brokers?

http://calgary.ctv.ca/servlet/an/loc...ub=CalgaryHome

This article talks about a debate in city council about adding 55 more taxi licenses. I've never had a problem getting a cab, because I mostly use them from downtown during the day. I understand it's hard to get one at night, and I really don't see why we couldn't trust the free market to regulate the number of taxis anyway.

Also, the article mentions half the licences would go to brokers. I'm not sure I understand who benefits by selling licenses to brokers who sublet them to drivers. The solution to low cab driver incomes is to make them rent a plate from a broker?!?

Thoughts?
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