WATCH: Road Tolls, Extra Taxes Proposed to Ease Gridlock
If you want better transit, you may have to pay for it yourself.
The Toronto Board of Trade has asked the province for two new taxes, along with a parking levy and even road tolls, to help fund transit expansion in the GTA.
The proposal was unveiled on Monday, and could generate as much as two billion dollars annually.
Metrolinx has already plotted a 25 year plan, called the Big Move, which would create a transportation network which would extend beyond the borders of Toronto, into Hamilton in the west and Durham Region in the east.
The President and CEO of The Toronto Board of Trade, says the new regional sales tax could bring in as much as $1.6 billion a year, while a tax on fuel could add an extra $840 million to the totals.
Road tolls and a parking levy would generate the rest.
Mayor Rob Ford has been quite vocal in the past against road tolls and the idea of any sort of transit tax.