News   Jun 03, 2020
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News   Jun 03, 2020
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    Property taxes

    Mine decreased by $32. Kinda exciting but I know the next round of assessments will rapidly correct that. The 2019 value (from 2016 assessment) is about 40% lower than actual recent sales in my building for my unit type.
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    Toronto | 1200 Bay | 324.00m | 87s | ProWinko | Herzog & de Meuron

    I'm guessing 270 to 280 meters based on shadowing concerns considered for other tall buildings in the area (Four Seasons, 1 Yorkville, 1 Bloor West, 80 Bloor). We're in the middle of a pandemic with a disease that appears (at a distance) to be impacted by vitamin D deficiency; the direct...
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    Mayor John Tory's Toronto

    Buy insurance (to meet city heritage requirements; rebuild IIRC) and hire the minimum security the insurance company requires.
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    Ontario Line (was Relief Line South, in Design)

    Not quite. TTC was ready to place TBM orders 2 years ago. They would have been well into launch pit excavation by now. AFAIK the Ontario line is still deciding how big the tunnel should be; it's of the answers the selected vendor will provide in ~24 months (6 months to go through RFQ, 12 months...
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    TTC: Yonge North Subway Extension (Finch-Richmond Hill) (Unfunded/Planned)

    Indeed. The questions have been around for over a decade but the authorities who could produce answers have largely ignored them; or made a minimal effort answer that was trivial to find issues with their report. It doesn't help that the model changes for every study released. Iterative model...
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    TTC: Yonge North Subway Extension (Finch-Richmond Hill) (Unfunded/Planned)

    A rough addition of what I remembered (thank-you for providing actual DRL numbers) for Yonge North expected ridership + Ontario Line ridership in 2050ish.
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    TTC: Yonge North Subway Extension (Finch-Richmond Hill) (Unfunded/Planned)

    That might be, but I still want to know why. Why is Ontario Line and Yonge extension expected to have like 600k passengers per day but a straightened Richmond Hill line at the same frequencies with interchanges at Highway 7, Sheppard, Eglinton, Bloor, and Yonge (downtown) and connectivity only...
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    TTC: Yonge North Subway Extension (Finch-Richmond Hill) (Unfunded/Planned)

    It might get them in the next decade or so. The current massive TTC fare hole is a strong opportunity for Metrolinx to pay TTC for operations and take over fare collection themselves. Ontario Line automation issues, Yonge North extension discussions, etc. become much simpler that way. Of...
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    TTC: Yonge North Subway Extension (Finch-Richmond Hill) (Unfunded/Planned)

    We don't even bother running a bus that runs from Exhibition grounds to Eglinton & Don Mills, though we have $14B targeting that route. For DRL proposals before that, the Pape bus doesn't go downtown. Clearly existing services on the exact corridor isn't the only variable to be considered. We...
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    Toronto Bike Share

    City input was relevant, but everything they asked for had a higher price-tag, sometimes 800% higher like the tunnel option, without offering to pay the difference. Metrolinx took the only cheaper option Brampton presented which was an earlier termination point.
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    TTC: Electric and alternative fuel buses

    Does the BYD & Alexander Dennis deal impact other NewFlyer electric buses (such as the model TTC is receiving), or is it exclusively the ADL Enviro400EV unit? IIRC, when TTC ordered the electric buses New Flyer did not own Alexander Dennis nor was BYD in partnership with that subbrand.
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    TTC: Yonge North Subway Extension (Finch-Richmond Hill) (Unfunded/Planned)

    I'm pretty sure the $19B earmarked for parallel corridors (Ontario Line + Yonge North) could significantly improve all 4 of those issues if directed at Richmond Hill GO service instead, including multiple non-union stops through downtown. Ontario Line + Yonge North probably result in better ROI...
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    Rail Deck Park (?, ?, ?)

    Does anyone know how much Ivanhoe paid for their Rail Deck park air-rights? They purchased 4 acres of rights from Canadian National Railway and were expected to spend roughly $50M on that portion of the project (rights and construction). If we need to go piecemeal as the edges get developed and...
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    The Future of Bombardier

    Thunderbay plant gets a bit of work; 8 cab cars and 20 coaches,
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    GO Transit Electrification (Metrolinx, Proposed)

    I tend to agree. Offhand, I can't think of any city with several contracted private railway operators that ended well. London is a great example of where it failed pretty hard. Hopefully the adjusted tender(s) work differently than that. There are several examples of multiple bus operators in...
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    GO Transit Electrification (Metrolinx, Proposed)

    It'll come back; it just won't be a the worlds largest DBFOM contract with stipulations that hitting operations targets determines whether the government pays them for construction of the $14B in capital pieces. I expect Metrolinx will agree to pay for most non-proprietary pieces upfront such...
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    GO Transit Electrification (Metrolinx, Proposed)

    Launched and every single company kicked it back saying they refused to bid on it as packaged. Metrolinx is doing some more EAs to help remove choke points BUT they're also expected to package it into multiple smaller pieces or with Metrolinx taking some of the risk.
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    Property taxes

    Toronto does not have authority to implement a road toll. To quote myself:
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    Property taxes

    By current provincial law Toronto must balance the 2020 operating budget. It would need to be in all in a single hike implemented before the final 2020 tax bill goes out at the end of June. There are plenty of options available that Ford could give to Toronto, but as it stands Toronto doesn't...
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    TTC: Other Items (catch all)

    Indeed. They don't even need to do much, just allow borrowing for operating purposes during 2020 and perhaps 2021. A 3% 30 year tax bump starting 2022 is fairly achievable.