“The revenue tools covered in the Board’s report are the most feasible options to achieve long-term and stable transit funding. These tools will also help achieve greater regional mobility and competitiveness, which is in the best interests of all those that live, work and play in the Greater Toronto region.”
'Scotiabank is pleased to support an open dialogue in an effort to improve transportation in the Greater Toronto Region. Mobility and traffic congestion have economic and personal productivity costs for our business, our employees and our customers and we all share an interest in seeing a clear way forward.'
For the GTA to reach its full economic and quality of life potential, it is imperative that we take collective action to relieve congestion. Measures, such as those being championed today by the Toronto Region Board of Trade, will be important to the development of our city’s transportation infrastructure.
TRBOT has shown leadership in proposing balanced, practical solutions that will help to provide the funding needed to pay for the Big Move. Improving our regional transportation system is critically important to the GTA’s economy and competitiveness, and to quality of life for citizens.
Many North American cities have surpassed the Toronto Region in finding new ways to fund transit and transportation infrastructure. As the Board has correctly shown, we can no longer debate whether we need new sources of revenue or not — we do. The question is simply which ones we want to choose to fund Metrolinx’s Big Move. Failure to agree on new funding sources is not an option. I am proud to support the revenue tools recommended by the Board.
In putting forward a clear funding option to address the Metrolinx ‘The Big Move’ financing challenge the Toronto Region Board of Trade is signaling that the time to finally move ahead with addressing one of the economy’s greatest competitive challenges is now.
If we are going to remain a vibrant city region then we must invest in the necessary infrastructure to support the healthy and sustainable growth of our region. While politically, the consideration of revenue tools may not at first be popular, the failure to act will be more detrimental to future generations.
With three main campuses located across the downtown core, transportation infrastructure is vital to supporting over 20,000 students, faculty and staff who travel daily across the GTA, to and from our campuses. We applaud the Toronto Region Board of Trade for standing up for new, dedicated revenue tools that will help build the transit and transportation systems our city and region needs. George Brown is committed to helping shape the future of Toronto as a leading global city, not only for our current students, but also to ensure a vibrant economy with jobs for our graduates.
Great global city-regions have great transportation systems. For the Toronto Region to compete globally, we must improve our transportation infrastructure. The bold leadership shown by the Toronto Region Board of Trade on this issue is what our region needs. I’m proud to support the Board in recommending the tools necessary to advance this important discussion.
Eighteen years ago I was asked to Chair the Task Force on the Future of the Greater Toronto Area. As we found then, for city-regions to grow and prosper they must take a regional approach to economic growth and planning. We are finally planning our transit and transportation to seamlessly integrate the Toronto region’s many communities. I’m proud to support the Board as they release a set of funding tools that will enable us to finance the transportation infrastructure this region needs.
Today’s announcement is an historic regional leadership milestone for the Toronto Region Board of Trade. By boldly advancing specific revenue tool options to the region’s most vexing public finance challenge the Board is signaling that the time to land on solutions is now.
As business leaders and invested city builders, we agree with the Toronto Region Board of Trade that investing in infrastructure is a priority to get the Toronto region moving again. It’s time for us all to work together to generate the required funding for Metrolinx’s The Big Move plan, both for our region’s economy and our quality of life. These will not be easy decisions and ‘one size does not fit all’. The Board has recommended a balanced approach that will see all of us sharing the burden of incremental funding — just as we will all benefit from the investment.
The Toronto Region Board of Trade is a critical voice in our collective efforts to tackle our region's congestion crisis. We applaud the Board and its members for boldly advancing the debate and demonstrating business support for new, dedicated sources of revenue to pay for the transportation network the Greater Toronto and Hamilton Area so urgently needs.
The Toronto region is moving forward so rapidly with young innovators leading the way. We have the responsibility to provide the conditions that match their pace in continuing to build a City attracting renewed attention for its creative momentum.
Every day at Rogers, our team works in the homes and offices of thousands of customers from Toronto and the surrounding area. We experience first-hand the challenges that congestion has on our business, and we understand its impact on our region’s economy. Improving mobility is a necessity. We are very encouraged to see the Toronto Region Board of Trade working to enable better movement of people and goods.
With the world spotlight soon to be on the Toronto Region, no stronger signal could be sent out that we are embracing the future with confidence and optimism than by securing a long-term investment strategy for regional transportation infrastructure. Let’s seize this moment.
The Toronto Region is an undeniable international success story that is attracting 100,000 new residents a year. It is essential that we have a funded long-term plan to finance the expansion of transportation infrastructure to accommodate this growth, and today the Toronto Region Board of Trade is boldly moving this issue forward by advancing real ideas for public discussion.
The time to address our generation’s greatest infrastructure challenge is now. We applaud the Toronto Region Board of Trade’s bold leadership in bringing to the public discussion specific recommendations to address this challenge. If we get this right it means education, training and jobs for a new generation of young carpenters-the very men and women who are building our region.
This is our collective regional moment to finally tackle the region’s gridlock crisis. It is now up to all of us to engage in this debate and to get to specific solutions in the coming months.
More than 12 million trips are made every day on our region’s roads and highways. Controlling traffic congestion to ensure people and goods can move through the Region quickly and easily is important to our economy and quality of life. Solutions to traffic congestion are now required and expansion of transit and transportation infrastructure will require new dedicated sources of revenue. We gladly stand with the Board in this important initiative.
The Board's proposal allows for flexibility and fairness in implementation to address matters such as equity and minimize impact on consumers and businesses, yet it will generate predictable and stable revenue dedicated to addressing the GTHA’s congestion. Toronto Region Board of Trade is leading Toronto — and Ontario — to where we need to go.
Congratulations to the Board of Trade for once again raising awareness on this significant public finance issue on how to fund transportation infrastructure. Decisions that are made on new revenue tools will play a critical role in shaping the future economic prosperity and quality of life in this region.
Further investment in the Toronto Region’s infrastructure is not only necessary to meet current needs and demands but will also provide a boost to our regional economy and create much-needed jobs. On behalf of our thousands of employees, clients, partners, peers and shareholders, Aecon supports a constructive dialogue among citizens, businesses and politicians about the revenue tools necessary to fund Metrolinx’s The Big Move plan.
The long-term success of our tenants and their employees, suppliers and visitors is dependent on ease of access to our downtown. Currently, many of Brookfield’s tenants and their employees rely on the GTA’s over-loaded transportation and transit systems to get to and from work every day. It’s essential that the city and businesses and residents work together to reduce congestion not only to improve the quality of our lives but to ensure the vitality of our economy. We are proud to support the Board in this necessary discussion.
As engineers, we see how complex systems are interconnected. We see how getting transit right is connected with the economic success of our cities and our province. The Toronto region needs a unified transit plan and a mix of revenue tools that balance costs and benefits across many stakeholders. If we wait for the perfect plan, we will never find it, so let's get going.
We are very encouraged that the Toronto Region Board of Trade is actively advancing a set of revenue tools to invest in much needed public transit infrastructure, which is key to building a healthy environment and economy. We hope the discussion this report creates will help GTHA residents understand the importance of public investment in public infrastructure.
If we are going to make progress on the complex issues facing our region, we need bold leadership. Evergreen applauds the Board for bringing forward a thoughtful and balanced proposal on how we can raise the revenues needed to build an effective and sustainable regional transportation system.
BMO's 15,000 employees in the GTA rely on a variety of transportation options to get to work and serve our customers across the Toronto region. It's up to all of us — commuters, employers, and governments — to work together and solve our congestion challenges. It's an economic and lifestyle imperative.
This is an extremely important dialogue and we're pleased to be a part of the discussion the Toronto Region Board of Trade has initiated. But for me the key is that the money from whatever revenue tools we ultimately adopt needs to be dedicated to transportation projects. It needs to be protected from being siphoned off to other ‘government priorities’ as has happened all too often in the past with special purpose taxes.
Efficient transportation systems are an economic imperative for large city-regions around the world. And you get what you pay for. It’s clear that new sources of funding are required to make the major transportation investments needed in the GTHA. An investment strategy should ensure that new revenue sources are adequate, that they are fair, and that they minimize adverse economic impacts.
By advancing parking levies, HOT lanes, and gas taxes, the Toronto Region Board of Trade is helping us shift public policy toward demand management measures that generate revenue for the transit, cycling and pedestrian infrastructure that we need.
Investing in the development of transportation across Southern Ontario must be a top priority. The future of our economy relies on our ability to meet the needs of our citizens. Only by making access between cities and suburbs easier for the ever-growing population will the Greater Toronto-Hamilton Area remain one of the world’s great centres of commerce. That’s why Ernst & Young is proud to support the Toronto Region Board of Trade’s Transportation Campaign. Expanding transit infrastructure will be a long-term project, but an important decision that we must make today.
The existing transportation system for the Greater Toronto and Hamilton Area (GTHA) is not meeting the current and future needs of this growing region, which is why the Toronto Region Board of Trade's leadership in championing new revenue tools is so important. This critical investment in The Big Move is badly needed to improve the way all of us get around, whether it be by walking, cycling, public transit or motor vehicle.
Our region’s future international competitiveness demands that we address our region’s transportation infrastructure challenge without delay.
Cities around the world including Paris, San Francisco, and Vancouver have all financed transit expansion with new revenue tools. It's time the Toronto Region catches up. CodeRedTO is glad to see this conversation about how to fund transit in the GTHA shift toward specific tools, and the Board's suggestion of four viable tools is one that we support. Saying no to revenue tools for transit is the same as saying no to transit entirely, and that is no longer an option.
In 1974, I was living in North York and was thrilled as the Yonge subway line was extended to Finch Station. At the same time, the Region of York was established with a population just over 34,000. Almost 40 years later, York Region’s population has topped over one million people and the Yonge subway line goes to… Finch Station. This is unacceptable.
There is a dire need to establish a robust funding strategy to alleviate traffic congestion in the Greater Toronto and Hamilton Area. By releasing this report, the Toronto Region Board of Trade challenges us to confront the options and trade-offs necessary to find solutions.
Long term and ongoing expansion of transportation infrastructure is a pillar to the promotion of urban health in our region, and will serve as the foundation for economic prosperity and competitiveness, environmental stewardship and social justice for future generations.
As the operators of Toronto Pearson, one of the busiest multimodal facilities in the Greater Toronto Area, we understand the importance of improved transportation. We recognize that strong leadership and bold decisions will be required to ease congestion and to improve mobility and accessibility across our region.
The Big Move requires a step change in how the Greater Toronto and Hamilton Area, Ontario and Canada values and delivers a well-functioning multi-modal transportation system. Together, we need to quantify and better communicate how good connectivity delivers improved quality of life, business productivity and economic vitality. Then we need to agree on the most equitable ways to convert these tangible benefits into sustainable investment dollars. I wholeheartedly support the work of the Toronto Region Board of Trade in leading from the front and am excited by their enlightened view of the long term and broad-based benefits a sustainable funding package for The Big Move will bring. I look forward to benefitting and contributing.
Transportation is a major source of air pollution and greenhouse gas emissions – without action now, this will only get worse. Kudos to Toronto Region Board of Trade for putting some serious ideas on the table.
The land development and home building industry is doing its part to support the development of essential public infrastructure. Last year alone, the industry and new homebuyers across the GTA contributed in excess of $1 billion for the construction of growth-related infrastructure, such as roads, water, sewers and services, through development charges paid to municipalities. It is time to get moving and invest in the execution of Metrolinx’s regional transportation plan because this is critical infrastructure that is needed for the long-term prosperity of the GTA.
This initiates the vital debate about how to align the revenue needed to transform the way people and goods move across the GTHA with incentives to banish congestion.