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</o:shapelayout></xml><![endif]--></head><body lang=EN-CA link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'>As much as I support Transit, and I am worried that the current administration is going to make bad choices on carbon tax, I do <u>not</u> think BW should ally itself with either of these campaigns or the organizations behind them.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoListParagraph style='text-indent:-18.0pt;mso-list:l0 level1 lfo1'><![if !supportLists]><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'><span style='mso-list:Ignore'>1.<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'>They are both related issues, but not directly our issue. <o:p></o:p></span></p><p class=MsoListParagraph style='text-indent:-18.0pt;mso-list:l0 level1 lfo1'><![if !supportLists]><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'><span style='mso-list:Ignore'>2.<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'>These organizations are running public campaigns challenging the provincial government; so far BW has <u>not</u> been forced to do that. BW should value its positive relationship with the current administration, and work to maintain it so long as their positions on our key issues allow. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'>Charles<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal><a name="_MailEndCompose"><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D;mso-fareast-language:EN-US'><o:p> </o:p></span></a></p><p class=MsoNormal><b><span lang=EN-US style='font-size:11.0pt;font-family:"Calibri",sans-serif'>From:</span></b><span lang=EN-US style='font-size:11.0pt;font-family:"Calibri",sans-serif'> Advocacy [mailto:advocacy-bounces@lists.bikewinnipeg.ca] <b>On Behalf Of </b>Mark Cohoe<br><b>Sent:</b> August 15, 2017 3:58 PM<br><b>To:</b> Bike Winnipeg Advocacy <advocacy@lists.bikewinnipeg.ca>; BW Policy <policy@lists.bikewinnipeg.ca><br><b>Subject:</b> [BW_Advocacy] Supporting Functional Transit to Help Prevent Freezing of Transit Subsidy - Carbon Pricing Coalition<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><div><div><p class=MsoNormal style='margin-bottom:12.0pt'>HI Everyone,<o:p></o:p></p></div><p class=MsoNormal>I hope your summers have been going well. Sorry for the cross posting, but I thought it made sense for this issue.<o:p></o:p></p><div><p class=MsoNormal style='margin-bottom:12.0pt'><br>As you may know, the provincial government is planning to end legislation guaranteeing provincial funding for municipal transit agencies in Manitoba. Essentially, the current legislation guarantees that the province will match municipal funding for any subsidy of transit services (operating expenses - revenue). This would obviously cause problems for the city as they would have to choose to either reduce their subsidy, raise taxes to cover the difference or shift funding from other projects/priorities to make up the difference.<o:p></o:p></p></div><div><p class=MsoNormal style='margin-bottom:12.0pt'><a href="http://functionaltransit.com/">Functional Transit</a>, which lobbies for improved transit service and changes to the way that the transit service is run, has put together a letter writing campaign and is organizing like minded groups to help push for the maintenance of the existing agreement. I'm taking part in a meeting this Thursday, August 17th to discuss the strategy.<o:p></o:p></p></div><div><p class=MsoNormal>I'm looking for advice/direction on three items:<o:p></o:p></p></div><div><p class=MsoNormal style='margin-bottom:12.0pt'><br>1) Should we use our resources (Facebook, Newsletter) to promote the letter writing campaign and subsequent planning? I certainly think we should.<o:p></o:p></p></div><div><p class=MsoNormal style='margin-bottom:12.0pt'>2) I'd also like to join with them (and other like-minded organizations) to develop a strategy around carbon pricing and planning on what to do with the revenues generated from any carbon tax, with an emphasis on dedicating monies raised to transit and AT (both capital and operating) Ultimately, I think it probably makes sense to push towards partnering with the <a href="https://www.facebook.com/mbcarbonpricing/">Manitoba Carbon Pricing Coalition</a> on this, but I figure it's worth starting with Functional Transit to try and develop some common goals before advancing to the bigger group.<o:p></o:p></p></div><div><p class=MsoNormal style='margin-bottom:12.0pt'>3) From above, you can see that I think it makes sense for us to get involved in the Manitoba Carbon Pricing Coalition. What do others think, should I start the process?<o:p></o:p></p></div><div><p class=MsoNormal style='margin-bottom:12.0pt'>In terms of the money that would be raised from the carbon tax, it`s huge. Our provincial government's decision to stay out of the pan-Canadian carbon pricing policy is currently holding up $66 million over 5 years, with a very serious threat for that money to be shifted into a general fund available to all provinces. But even that is small potatoes compared with the money that would be generated by a carbon tax. <o:p></o:p></p></div><div><p class=MsoNormal style='margin-bottom:12.0pt'>Here is a partial list of expected carbon tax revenues in Manitoba. It leaves out off-road transportation (think agriculture, mining, forestry) as well as other agricultural emissions (mainly emitted through the use of fertilizer, livestock and manure management) which may end up getting exempted or at least dedicated back to their respective sectors.<o:p></o:p></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=0 style='width:818.0pt;margin-left:4.65pt;border-collapse:collapse'><tr style='height:15.0pt'><td width=227 nowrap valign=bottom style='width:170.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=249 nowrap valign=bottom style='width:187.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=72 nowrap valign=bottom style='width:43.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>2018</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>2019</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>2020</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>2021</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>2022</span><o:p></o:p></p></td></tr><tr style='height:15.0pt'><td width=227 nowrap valign=bottom style='width:170.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal style='mso-margin-top-alt:auto'><span style='color:black'>Projected Revenues</span><o:p></o:p></p></td><td width=249 nowrap valign=bottom style='width:187.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=72 nowrap valign=bottom style='width:43.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td></tr><tr style='height:15.0pt'><td width=227 nowrap valign=bottom style='width:170.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>On Road Transportation</span><o:p></o:p></p></td><td width=249 nowrap valign=bottom style='width:187.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal style='mso-margin-top-alt:auto'><span style='color:black'>Gasoline</span><o:p></o:p></p></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=72 nowrap valign=bottom style='width:43.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>33.28%</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$34,962,982</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$68,085,806</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$99,368,474</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$128,810,985</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$156,413,339</span><o:p></o:p></p></td></tr><tr style='height:15.0pt'><td width=227 nowrap valign=bottom style='width:170.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=249 nowrap valign=bottom style='width:187.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal style='mso-margin-top-alt:auto'><span style='color:black'>Diesel</span><o:p></o:p></p></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=72 nowrap valign=bottom style='width:43.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>19.17%</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$20,140,292</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$39,220,569</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$57,240,830</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$74,201,076</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$90,101,306</span><o:p></o:p></p></td></tr><tr style='height:15.0pt'><td width=227 nowrap valign=bottom style='width:170.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>Off Road Transportation</span><o:p></o:p></p></td><td width=249 nowrap valign=bottom style='width:187.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=72 nowrap valign=bottom style='width:43.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td></tr><tr style='height:15.0pt'><td width=227 nowrap valign=bottom style='width:170.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>Stationary Combustion</span><o:p></o:p></p></td><td width=249 nowrap valign=bottom style='width:187.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=72 nowrap valign=bottom style='width:43.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td></tr><tr style='height:15.0pt'><td width=227 nowrap valign=bottom style='width:170.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=249 nowrap valign=bottom style='width:187.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal style='mso-margin-top-alt:auto'><span style='color:black'>Residential</span><o:p></o:p></p></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=72 nowrap valign=bottom style='width:43.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>11.28%</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$11,846,500</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$22,446,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$31,798,500</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$39,904,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$46,762,500</span><o:p></o:p></p></td></tr><tr style='height:15.0pt'><td width=227 nowrap valign=bottom style='width:170.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=249 nowrap valign=bottom style='width:187.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal style='mso-margin-top-alt:auto'><span style='color:black'>Commercial & Institutional</span><o:p></o:p></p></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=72 nowrap valign=bottom style='width:43.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>13.26%</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$13,927,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$26,388,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$37,383,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$46,912,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$54,975,000</span><o:p></o:p></p></td></tr><tr style='height:15.0pt'><td width=227 nowrap valign=bottom style='width:170.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=249 nowrap valign=bottom style='width:187.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal style='mso-margin-top-alt:auto'><span style='color:black'>Manufacturing</span><o:p></o:p></p></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=72 nowrap valign=bottom style='width:43.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>11.13%</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$11,694,500</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$22,158,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$31,390,500</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$39,392,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$46,162,500</span><o:p></o:p></p></td></tr><tr style='height:15.0pt'><td width=227 nowrap valign=bottom style='width:170.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>Pipelines</span><o:p></o:p></p></td><td width=249 nowrap valign=bottom style='width:187.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=72 nowrap valign=bottom style='width:43.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>2.33%</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$2,451,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$4,902,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$7,353,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$9,804,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$12,255,000</span><o:p></o:p></p></td></tr><tr style='height:15.0pt'><td width=227 nowrap valign=bottom style='width:170.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>Solid Waste</span><o:p></o:p></p></td><td width=249 nowrap valign=bottom style='width:187.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=72 nowrap valign=bottom style='width:43.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>9.56%</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$10,041,500</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$19,026,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$26,953,500</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$33,824,000</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$39,637,500</span><o:p></o:p></p></td></tr><tr style='height:15.0pt'><td width=227 nowrap valign=bottom style='width:170.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal style='mso-margin-top-alt:auto'><span style='color:black'>Total Revenues</span><o:p></o:p></p></td><td width=249 nowrap valign=bottom style='width:187.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=65 nowrap valign=bottom style='width:49.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'></td><td width=72 nowrap valign=bottom style='width:43.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>100.00%</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$105,063,774</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$202,226,375</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$291,487,804</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$372,848,060</span><o:p></o:p></p></td><td width=102 nowrap valign=bottom style='width:64.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt'><p class=MsoNormal align=right style='mso-margin-top-alt:auto;text-align:right'><span style='color:black'>$446,307,145</span><o:p></o:p></p></td></tr></table></div><div><p class=MsoNormal style='margin-bottom:12.0pt'><br>Unlike the $66 million, the Federal Government has promised that any money raised by the carbon tax will stay in the province it was raised in. The catch is that unless the province joins in on the Pan-Canadian pricing policy, the Federal government will decide how it is spent, not the provincial government. That may be a good thing or a bad thing.<o:p></o:p></p></div><div><p class=MsoNormal>Cheers,<o:p></o:p></p></div><div><p class=MsoNormal>Mark<o:p></o:p></p></div></div></div></body></html>