Port Metro Vancouver is joining the Yes coalition in a bid to convince voters to approve a hike in the provincial sales tax to fund enhanced transit in Metro Vancouver.
Port staff told CBC News that more public transit will cut down on congestion and make it easier to move goods.
- Transit referendum: Canadian Federation of Independent Business members plan to vote no
- Metro Vancouver transit tax: 6 mayors endorse yes vote
Duncan Wilson, Vice President of the Corporate Social Responsibility for Port Metro Vancouver, says the vote is one of the most important decisions facing the region for the next generation.
"With a million new expected residents and increasing trade with Asia, the Lower Mainland is in need of vital investment in transportation infrastructure. This referendum is about supporting local business, ensuring employees can get to work, improving our quality of life and realizing Canada’s trade and economic goals."
With the Port's support, the Yes side adds a powerful partner to its already extensive list of supporters, which includes labour unions, business groups, cycling advocates and medical health officers.
The referendum seeks to approve a 0.5 per cent increase to the provincial sales tax in Metro Vancouver to pay for a ten-year transit plan with a price tag of $8 billion.
The increased sales-tax would provide $250 million a year in revenue.
The Yes side could use a boost as a recent survey shows that currently the No side has more support due to a lack of faith in TransLink.