Councillors react to Board of Trade's transit funding recommendations
Here is a taste of what some councillors had to say about the regional transit funding recommendations made by the Toronto Region Board of Trade.
Councillor Doug Ford
Councillors Doug Ford says before talking about taxes and tolls, he would first look at getting funding through public-private partnerships.
"Let's first exhaust the private sector, then we'll look at revenue tools," Ford says.
He says it's common business practise to partly fund transit expansion through the private sector.
"I just don't know what these folks don't understand," he says. "Am I not speaking English here? Very simple. [A public-private partnership] reduces the cost of construction."
Deputy mayor Doug Holyday
Deputy mayor Doug Holyday says new taxes are not the answer, especially a road toll.
"For instance, if we were to toll the Gardiner Expressway, I think that would just drive the traffic into the local roads and all the local residential communities... would certainly all be affected," he says.
He says he would look at revenue from a casino instead.
"If a casino's coming, and I think there well could be one, although I'm not 100 per cent supportive I think that any revenue coming from a casino, which could be sizable, could and should go to public transit," Holyday says.
Holyday would also direct Section 37 revenue to transit. Section 37 is a tool the city uses to allow developers to build taller or more dense building in return for funding for community projects.
TTC chair Karen Stintz
TTC chair Karen Stintz says she would consider all the recommendations made on regional revenue tools after consulting with the business sector and the public.
She also says, though, that she thinks Toronto should contribute to its own transit planning.
"(We need to) make sure that whatever we do to raise revenue, that the City of Toronto is benefiting from."