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| | Hub City Mayors united, Agreement reached on formula and timeline for sharing federal fuel tax |
 | | The mayors of Vancouver, Calgary, Edmonton, Regina, Winnipeg, Toronto, Ottawa, Montreal, Quebec City and Halifax Regional Municipality applaud the Government of Canada for beginning to recognize, in word and deed, the significance of Canada's major urban centres to the nation's prosperity and well-being. |
 | | The mayors unanimously agreed that the federal allocation of the fuel tax revenue to each province must be based on the following formula: 75% of the funding will reflect fuel consumption, and 25% of the funding will reflect transit ridership. |
 | | Agreements on sharing federal fuel tax revenues with cities must be finalized by the federal government and the provinces by the end of 2004, the mayors said. |
| wx.toronto.ca /inter/it/newsrel.nsf/7017df2f20edbe2885256619004e428e/5904c3de6beccf9985256f15006d4d49?OpenDocument (271 words) |
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