This seems to show it cost $100 million ...
Isn't that just the cost, in 1997$, for the then 58-station subway system and the streetcar system, which only had 70 vehicles back then? 70 vehicles and 58 stations should be a lot cheaper than the 2,600 vehicles and 76 stations that TTC needs to install on.
By the time you escalate that $100 million to current dollars and deal with the vastly larger installation, TTC might even be cheaper than Hong Kong!
and we all know HK has the best public transit in the world, high more service, more subways and higher ridership.
Do we? That might be your opinion, but I'm not sure that a universal opinion. Though even if it was true, it's rather apples and oranges isn't it? I don't think there's much value in comparing a non-democratic city-state controlled by a corrupt tyrannical communist military dictatorship to Toronto.
As you show Montreal, and Singapore also saw $100-150 million implementation cost.
Montreal's Opus is a much more limited system though than Presto or Octopus. No credit/debit. No phones. No stored value on the card. You either have to prepurchase tickets or passes. If you do so, and then you try and use it on a neighbouring system, then you are out of luck, unless you also prepurchase tickets on that system. After you hit 3 different systems, your card can't handle any more. So if your daily travel takes you from Laval to Longeuil (just two subway trains), and you also use connecting buses, then you'd be out of luck, if you want to use AMT one day, on the same card. And there's no ability to add tickets on the Internet. You have to go to a machine or ticket booth - with long line ups. I don't really know how you can compare this to Octopus, Oyster, and Presto. It's an earlier generation of system.
In fact, is Opus any cheaper for Montreal than Presto is for TTC? It's been estimated that Presto costs $300 to $400 million to install for TTC. However the cost to TTC is in the $100 to $150 million range, just like Montreal. The rest is recovered through per trip charges. How do we know that Montreal isn't still paying the vendor (rather than Metrolinx) a per/trip cost?
In any case, Presto has been extremely slow and extremely expensive.
Is it? The cost of Presto to TTC is similar to what's been quoted for the earlier-generation Montreal card to STM. Your not looking at the complete financing cost, just the upfront charge to STM, and comparing it to the complete install cost for TTC. And when you look at Hong Kong's initial cost, it was for a much smaller system than Toronto.
You are probably one of those people who throw their full trust to those "professionals" assuming their will do the best job at the least cost.
No, I just believe the professionals know a lot better than you. When we take you "facts" and dig into them, we keep finding that when you actually do an apples to apples comparison, Presto isn't any more expensive than Hong Kong, or Vancouver. And perhaps even Montreal. Despite being a more advanced system.
There is no point to compare with Vancouver. Vancouver is a much smaller city and I don't compare Toronto with Vancouver in anything.
And yet you keep comparing to a non-demoncratic backwater like Hong Kong?!? Vancouver's system is quite comparable to TTC. A similar number of rapid transit stations., and about 50% of the bus ridership. It's a far better comparison than a foreign communist-controlled dictatorship.