"The only regret I have now, in 
				hindsight, is that I didn't go after 30 over [the limit] as 
				opposed to 50 over."
				Commissioner Fantino made headlines in 
				late June when he first mused about his idea for a tough new 
				speeding law. Six weeks later, Ontario's Liberal government - 
				keen to crack down on a deadly epidemic of street racing - 
				agreed to implement it.
				The maximum fine of $10,000 is the 
				highest of its kind in Canada.
				The proposal faced little resistance on 
				the way to becoming law, since excessive speeding was viewed as 
				a major problem, said Transportation Minister Donna Cansfield. 
				The numbers bear that out, she added.
				"This is serious; it was far more 
				extensive than maybe people thought," Ms. Cansfield said. 
				"People were getting away with it. Well, not any more."
				In the past eight years, 39 people have 
				been killed in Ontario in street-racing incidents. The law, 
				billed as the toughest in the country, has other provinces 
				looking at similar measures. Police in British Columbia already 
				can impound vehicles involved in street racing.
				Commissioner Fantino and Ms. Cansfield 
				said they're confident the charges will stick in court and 
				offenders will be required to pay the fines - not to mention the 
				staggering insurance rates they're likely to face as a result of 
				being convicted.
				More than 80 per cent of those busted so 
				far have been male, and about 50 per cent were under 27, Ms. 
				Cansfield added.
				Insurance officials were also taken 
				aback by the figures, although they said the industry has yet to 
				determine what kind of impact the new law will have.
				"I'm floored by the numbers," said Brian 
				Yutman, a vice-president with the Insurance Brokers Association 
				of Ontario.
				"You hear everything from kids, to 
				middle-aged drivers, and even some seniors getting hit with 
				this. You're seeing it hit so many people in so many areas of 
				Ontario that I would've thought those numbers would have had a 
				sharp downturn."
				Insurance premiums of anyone convicted 
				under the new law will increase "exponentially," even if they 
				previously had a clean record, Mr. Yutman acknowledged. Drivers 
				who have already run into some trouble could find it difficult 
				to obtain insurance through the major providers, he added.
				"Insurance will be available, but it 
				becomes incredibly expensive." 
				If all the charges stick, the province 
				stands to collect between $2-million and $10-million in fines 
				from the first month alone. About a third of the charges were 
				written up by municipal police forces, so those fines would go 
				to the municipalities. 
				Ms. Cansfield said she hopes to spend 
				the money on educational campaigns to improve road safety. Young 
				male drivers in particular need to be targeted, she said.