Council approves more taxi licenses and a fare hike
Calgary City Council has voted to approve 126 more taxi licenses before the end of the year. Council also approved an 8.1% hike in cab fares. It all happened as council was debating a proposal to allow 383 new taxis on city streets to keep up with population growth. But there was concern that flooding the market with too many cabs would negatively affect the industry. Councillor Jim Stevenson got his colleagues to agree to releasing one third of the licenses. The stipulation is that the new...