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No, I'm not in unicorn-transit land; and the roads I live near are all clogged with cars, but the buses are mostly empty still. I understand the need for budgets; but where the rubber meets the road, do people feel they are getting "value" for the "service" they are paying for? For $4 a pop...

I disagree. When you are basing your expense/revenue model around some specific number, then that becomes your driving mantra. Is transit a service, or is it an exercise in creative cost accounting? The metric of a _proper_ transit service should be how many patrons are served, not how much...

I think it's far more then this; it's been alluded to before, I think -- it's that no one wants to pay a full fare (esp. at $4) to travel a very small distance. Easier to bike/walk to a TTC bus or drive to the Subway. So, even with a full route along Steeles, it would end up with no riders --...

If you've got a spare $29B hanging around, there are a lot more interesting things you could do with your money then Government bonds. :) Most bond investors are in it for the slow and steady; Most invest little bits of money, like less then $100K. If you now tell them, "well, we said we'd...

Bonds are generally issued with a set amount of years for a set interest rate. The idea is that Governments are pretty good credit risks, and unlikely to default (since they can always use taxes to pay their bills). Different bonds have different maturity and rules, depending on what the need...