Is the Canal System a Waste of State Resources? Or a Generator?
By cryptoADMIN
March 28, 2021
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by Pete Bardunias, Senior Vice President, Community Advancement, Capital Region Chamber
Every now and then it is reported that the New York State Canal System “only brings in $2 million in revenue.” This dubious and flawed statistic, which is impacting both public perception and government policy, is apparently a result of some numbers a few years ago that calculated the amount of money raised by tolls on the canals from the relatively small number of commercial vessels that plied the waterway in that year.
