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By Mal (anonymous) | Posted April 20, 2013 at 16:52:26 in reply to Comment 87949
"We need around $2 billion a year for the next 15-20 years to pay for it all."
And that's without taking inflation into account ($50B in 2008 = $55B in 2013), it's just capital costs, and it's basically intended to keep things from getting worse than they are now. In order to actually transform transit and transportation in the GTHA, the government would presumably looking at an entirely different picture and entirely different revenue considerations.
But even doubling the cost of The Big Move should theoretically be an easy sell: We're losing $6 billion in productivity at the moment, and the $2 billion a year is intended to stop us from losing another $9 billion annually 15 years hence. One way or another, we're paying for our policy choices.
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