Wednesday, July 9, 2008

Harbour Bridge Toll

I just got the thought in my head that the toll to cross the Harbour Bridge has escaped a lot of inflationary pressure. The toll which is now $0.50, was $0.25 in 1968.

Using the Bank of Canada Inflation Calculator, one realizes that if the rate was increased based on the national inflation rate, it would stand at around $1.54 some forty years later in 2008.

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This is the account used for updating the Urban Plans for Saint John Blog.