What a biased little report that is, funded by "The Gardiner Coalition".
Industry has left our downtown waterfront, with the exception of a few holdovers like Redpath. It's now in the sprawl; those areas have more than enough access to highways for shipping goods. It's no wonder the CAA is behind this study, you can count on a knee-jerk reaction from them any time there might be something that potentially inconveniences someone driving an automobile somewhere.
The fact of the matter is that cities all over the developed world are taking down their highways. We would be the one of the only ones to invest money in a new elevated expressway. And it is a significant investment: we'd be spending $500 million to save 3% of commuters 3-10 minutes. Not only would it be an immense waste of taxpayer money, I would argue that it would be immoral, considering that it could be put towards improving the lives of many more people through transit. The boulevard option not only compliments development of the Unilever lands, it would also generate thousands of new jobs through the development that would happen on either side of the new Lakeshore. It would also generate a greater amount of municipal tax revenue for the city to pay for the necessary work to take it down in the first place. The replace option costs more and generates less money.
I was a firm supporter of the replace option, however having read the reports that have come out in the last few months, it just doesn't make economic sense to keep it elevated. I'm all for maintaining the western Gardiner and DVP, but an elevated link between the two is not worth $500,000,000+ when this city has so many urgent issues that need funding.