ride

Thursday May 22, 2015

Thursday May 22, 2015Editorial cartoon by Graeme MacKay, The Hamilton Spectator – Thursday May 22, 2015

Uber would require ‘political solution’ to operate ride-share in Hamilton

The city’s director of licensing says it’s up to politicians to decide whether Uber can overcome regulatory hurdles to operate in Hamilton.

“In all honesty, if, in fact, Uber is going to come to our community and operate, effectively dealing with their business model, they’ll require a political solution versus an enforcement solution,” Ken Leendertse said Thursday.

So far, the city has been at loggerheads with the San Francisco-based ride-share service, which has only kicked Hamilton’s tires but not committed to establishing a beachhead here.

It’s not clear if a political solution is on the horizon. Mayor Fred Eisenberger is in a wait-and-see mode, noting city staff are meeting with Uber representatives to “get a clear understanding” of how they can legally operate.

“This is something I support and encourage for all businesses looking to invest in Hamilton.”

During an information session this week, Uber representatives addressed concerns about insurance, vehicle safety and drivers’ background checks, Leendertse said.

“And we feel much more comfortable.”

But to legally operate in Hamilton, Uber would have to become a licensed taxi broker, he added.

That would significantly alter its business model: the company’s latest service, UberX, eliminates the need for dispatch services, and allows customers to hire unlicensed taxi drivers by using their cellphone.

Uber has established footholds in 250 cities around the world, but has been greeted with resistance with critics citing safety concerns. (Source: Hamilton Spectator)

Wednesday February 11, 2009

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Wednesday February 11, 2009

Carney maintains his rosy outlook

Even as the economic horizon darkens, the man who controls the levers behind Canada’s performance is still predicting the economy will pick itself up off the floor starting later this year and stage a strong rebound in 2010.

Nearly alone among respected forecasters, Bank of Canada Governor Mark Carney has said the combined efforts of Canada, the United States and other industrial nations to counteract the global recession will begin to turn things around here by late summer.

Asked yesterday by an opposition MP if the central bank was not out “on something of an optimistic limb” in its predictions, Carney told the Commons finance committee: “We don’t do optimism, we don’t do pessimism.

“We do realism at the Bank of Canada. We don’t do spin.”

Carney, 43, a former Goldman Sachs executive and finance department whiz kid, expressed full confidence in the bank’s number crunching.

It’s based on hundreds of interviews with business people, bank loans surveys and 21 economic forecasting models, he said.

Still, Carney tempered his relatively upbeat outlook by cautioning that all forecasts are “subject to an unusually high degree of uncertainty” now because of the speed and worldwide reach of the current economic downturn. (Source: Toronto Star)