I said back in 2003 when the Province first started talking about transit that they need to get a checkbook out to write a $3 Billion check yearly for the next 20 years. This was to cover what been talked about for the GTA for transit.Hey now. Toronto doesn't deserve all the blame. Metrolinx provided the province with an Investment Strategy that would have generated $2 billion annually, as directed to by the government under McGuinty. Wynne then ordered a re-examination by a panel chaired by Anne Golden and Paul Bedford, and they provided two additional options. All three proposals involved a hike in taxes, and Wynne didn't have the guts to follow through.
By 2006, that check needed to be $4 Billion with as much as $50 Billion going to Toronto.
Today, we are at $8 Billion to cover both the GTA and the area surrounding it with some going to HSR from Kingston to Windsor. This also cover debit cost, on going maintenance, replacing rolling stock and expansion. More area you take in, the cost will continue to grow to service it.
When the first Metrolinx budget was presented to the province, it was $90 Billion and was told it had to be $50 Billion. I was looking at $140 Billion then.
The Investment Strategy that came up for the Big Move call for a number of tools that were push aside by the province and now been look at this time. Both McGuinty and Wynne didn't have the backbone to put these tools into service and we see the out come of not doing it now. Toronto has had some of those tools as well, but no backbone to do it in favour of the car folks.
Both Anne Golden and Paul Bedford as vice chair as well the panel, supported the tools, but it was not their call to enforce them since it was the province and city responsibility to do so.
The idea of a Regional Transit System is great, but Metrolinx has turn out to be a waste of time and money at this time. Then the province has to take some blame for that since they didn't give Metrolinx the power to override transit plans that made no sense, using wrong technology, not having the right people to run Metrolinx from the top down including the BOD, cow bow to them when they interfere in the operation and plan of Metrolinx in the first place.
If a fee of $5 per surface parking was charge daily, it would generate close to $2 Billion year to the point some would disappear as well reduce the overflow of the sewer system, since rain/snow cannot be absorbed by concrete or asphalt in the first place.