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by chollida1
3373 days ago
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Uber's response. http://www.newswire.ca/news-releases/statement-from-uber-can... One interesting note about the press release to the Canadian newswire service, it highlights that Uber was confounded by Canadian Garret Camp. This is set to go live on July 1st so I guess you can watch the data from that point on to see if it has any effect. > The budget statement estimates the change will raise C$3 million in new revenue in the 2017 budget year, rising to C$5 million in the next few years. So this isn't really about raising money as $3 million is figuratively a rounding error. |
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s/confounded/co-founded/cg
Sorry for the nit-pick, but in this case the word confounded had me genuinely confused about what this special interest group, Canadian Garret Camp, is (are they angel investors? some sort of VC incubator? a front-group for taxi companies?), and why they were lobbying for removing Uber's GST exemption.