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August 25, 2010

25 August 2010

The Taxi Industry: On the Road to Reform

Economic Note on supply management policies in the taxi industry

Supply management policies, aimed at limiting production of a good so as to inflate its price, are familiar in Canada, due in particular to the existence of agricultural quotas. It is less well known, however, that the taxi industry is also regulated in this way, with similar consequences for consumers. Just as Australia and New Zealand eliminated supply management in agriculture, a number of cities (including Kansas City, Milwaukee, Phoenix, Raleigh and San Diego in the United States) and several countries (including Ireland, New Zealand and Sweden) have done the same in the taxi sector.

Links of interest

Consumers and drivers would benefit from a reform of the taxi industry :: Media release, August 25, 2010

Taxi deregulation would be good for passengers and drivers :: Article by Germain Belzile & Vincent Geloso published in The Gazette, August 25, 2010

La fin des permis de taxi? :: Special feature in Montreal's Métro newspaper, August 24, 2010

L'industrie du taxi devrait-elle être reformée? :: Interview with Germain Belzile broadcasted on the 98,5 FM station, August 25, 2010

Milked by taxis :: Article by William Watson published in the Financial Post, August 26, 2010

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