A new report by CCPA-Ontario economist Hugh Mackenzie lays out a range of revenue generating options that could readily fund plans to expand public transit in the Greater Toronto Area and Hamilton. Mackenzie assesses all of the funding options currently on the table, weighs the pros and cons of each, and considers a package of tax options that would be fair and efficient. His report comes at a time when the city and the province are considering options to move transit expansion plans forward. It offers a range of solutions that could represent a compromise position for politicians seeking a resolution to the region's political and traffic gridlock.
Read the full report: Toronto’s $2.5 Billion Question: GTA and Hamilton Public Transit Expansion Revenue Options.
You can also read Tess Kalinowski's article in the Toronto Star about this report: Who benefits from the answer to Toronto’s $2.5 billion transit question?