Tuesday, July 31, 2012

Toronto’s OneCity Transit Plan

Toronto’s $30 billion, OneCity Transit Plan extends over 30 years, and would involve six subway/train lines, 10 LRT lines, and five bus and streetcar lines. OneCity Transit Plan is gaining momentum as Toronto prepares to host the 2015 PanAm Games.

OneCity suggests a 1.9 percent increase in property taxes over the next four years. For the average household this means an additional $45 per year.” There is a widespread support for the nominal tax increase, since the transit plan would benefit everyone: the motorists as well as the commuters.



Reference: Skorbach, Kristina, OneCity Plan Stirs Toronto Transit Wishes, Epoch Times, July 4, 2012
 
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