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Premier announces plans to move around funding to pay for transit

Wynne says new revenue tools will be in the budget...

The premier gave a peak into how she will pay for transit expansion in the GTA at a Toronto Region Board of Trade Luncheon. 

Kathleen Wynne says she'll move existing revenue around. Wynne says the province would re-direct seven and a half cents of the existing gas tax to a transit fund. She says that's on top of the two cents already given to municipalities. 

Wynne revealed the province will also take the existing HST that's collected off of gas to build transit, highways and roads. 

These two moves would bring in a total of over $1.3 billion a year. 

The premier also pointed to previously announced high occupancy toll lanes and Green Bonds as ways to bring in more cash. 

As for new revenue tools, Wynne says that will be outlined in the budget. 

This is all to pay for the $50 billion, 25-year Big Move transit plan. 

Wynne says the province needs to rake in $29 billion over the next decade alone. 

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  • 26
  1. don was right posted on 04/14/2014 01:24 PM
    Simply rearanging teh deck chairs on the titantic wont help. She must resign. NOW and take that twit Sousa who wouldn't even have a seat if not for the gas plant scandal with her.
    1. Sonny posted on 04/14/2014 03:40 PM
      @don was right The PCs would have closed the plant at a greater cost after the election! What does Hudak have to fund it?
    2. Frankie posted on 04/14/2014 11:39 PM
      @Sonny Please get your facts straight. AFTER the election the cancellation would have only cost $ 40 million. McGuinty didn't want to risk the seats and therefore "stole" $ 1 billion to secure the seats. What possible logic could conclude Hudak would have spent more than $ 1 Billion AFTER the election, unless you're merely fearmongering against the conservatives?
    3. Excuse Me Frankie posted on 04/15/2014 01:43 AM
      @Frankie So, let's see if your reply makes sense.
      You're saying that when the Liberals cancel the plants, it costs a billion dollars.
      But when the Conservatives do the same thing at a later date when even more work has been done on the plants,, it gets cheaper by 960 million dollars.
      Nice logic.
      Is it fun there in Fantasy Land?
    4. Frankie posted on 04/15/2014 11:07 AM
      @Excuse Me Frankie Do your homework before commenting. If you read any of the media and there were people who knew the contract details what I mentioned is EXACTLY correct. Had any party cancelled the plants immediately after the election that's all it would have cost.
  2. KarenW_5 posted on 04/14/2014 01:44 PM
    Can somebody answer why it is the drivers of this province that are going to pay the bulk of the costs of the transit. Why can't they charge the person riding the TTC in Toronto to pay more than they are now. The rates are ridiculously low for a city that size. Maybe they should get there house in order first.
    1. Dawn posted on 04/14/2014 04:12 PM
      @KarenW_5 The riders of TTC pay close to 75% of the operating costs. Ford/Stintz has raised the fares 3 times.
    2. don was right posted on 04/14/2014 09:39 PM
      @KarenW_5 let the TTC rider spat 100 pct, especallt those that live outside Toronto. Why shoudl THEY get a free ride? And yes, their buses roll on the same roads as the cars
    3. Karen posted on 04/15/2014 09:15 AM
      @don was right One price should not fit all when it comes to TTC fares. Riding from West Hill to 427 should cost accordingly. My fares in Burlington cost more than a one way across Toronto.
  3. Ken posted on 04/14/2014 02:18 PM
    "Moving the money around?"

    The most corrupt government in Canadian history have proven experts at "moving the money around".

    Wynne is making her mentor, Pinocchio McGuinty look like an amateur lier.

    God help this province.
  4. arthur posted on 04/14/2014 02:36 PM
    i like Rob Fords transit plan. private people, corporation and business will gives us money. won't cost the taxpayer anything. Let's do it!
    1. HP posted on 04/14/2014 03:57 PM
      @arthur Ford is wrong on this one. Like the 407, any time private money is used to fund public projects it ends up costing the taxpayers a lot more. Corporate needs a return on investment, governments are non-profit, even operate at a loss to ensure that all citizens have fair access.

      The poor can't drive on the 407, they won't be able to use public transit if the corporations need to make a profit for their shareholders.
    2. Fact Provider posted on 04/14/2014 04:09 PM
      @arthur What Ford plan ???
      He bragged about getting private money involved - failed completely - and then went on bended knee to the 2 upper levels of government.
    3. HP posted on 04/14/2014 04:15 PM
      @Fact Provider Those upper levels of government are us taxpayers as well...where does Ford think they get their money?

      And if Ford got corporate sponsors they would either charge for the service at a mark-up or raise their prices to cover the investment...probably both.
    4. Fact Provider posted on 04/14/2014 04:21 PM
      @HP 100% correct !!
      The Ford "plan" isn't a plan at all.
    5. Scrappy posted on 04/14/2014 05:50 PM
      @arthur It is truly telling that we cannot seem to talk about Wynne without bringing in Ford.
      I guess, like the Wynne/McGuinty solution, it is called diverting the topic in order to shift blame or responsibility.
    6. Sonny posted on 04/14/2014 05:57 PM
      @Scrappy the Province under McGuinty has already provided $8.4 Billion for Transit City unfortunately Ford kiboshed it and declared the War on the Car is dead as many sit in traffic. Wynne's plan will raise $29 Billion. Ford is to blame for the lack of implementation and wants to phase out street cars when the City is receiving 204 new one from Miller.
    7. Scrappy posted on 04/14/2014 06:05 PM
      @Sonny The McGuinty government has been in the drivers seat for 10 years, why has it taken until bashing Ford became their main objective to get anything done?
      Your needle seems to be stuck in a rut.
    8. MarkFromEtobicoke posted on 04/14/2014 07:05 PM
      @Fact Provider Plus Ford spent an additional $800 million City of Toronto taxpayer dollars for a subway rather than the original LRT. Diverting infrastructure money the way Hudack wants to means something else will fall apart instead.
    9. MarkFromEtobicoke posted on 04/14/2014 07:15 PM
      @Scrappy And Harris/Eves were in power for eight years prior to that. Not only did they cut funding for the TTC, they canceled the Eglinton subway (a real subway not the current LRT) which would be in operation by now, and environmental assessments for Sheppard Phase 2 to Scarborough Town Center, Eglinton Phase 2 to Pearson and Bloor westward to Mississauga. Hudak needs to explain how, even though he thinks Harris was wonderful and the Common Sense Revolution needs to be restored, the previous PC administration was wrong about transit and how he would do things differently.
    10. arthur posted on 04/15/2014 11:40 AM
      @Fact Provider i was joking :)
      the only planning RoFo does is do i get shtfaced now or later on
  5. Scrappy posted on 04/14/2014 06:00 PM
    I guess the old saying that BS baffles brains is true, judging by the speed talking by Glen Murray on the Wynne plan.
  6. Scrappy posted on 04/14/2014 06:25 PM
    I guess the terminology I used to describe the Glen Murray response regarding Wynne plan was not acceptable so I will just say his speed answer was supposed to baffle brains.
  7. Walter posted on 04/15/2014 12:56 PM
    For 4 years the Liberals have been saying the only way to fund transit is by new revenue tools (taxes). Hudak said they could re-allocate money.
    Now Wynne says she will not raise taxes but will re-allocate money.
    So are the Liberals lying now, or where they lying before? Also, why did Wynne and the Liberals waste the last 4 years talking about taxes instead of transit?
  8. Angry Bill posted on 04/16/2014 09:42 AM
    Um.. hello? These are "campaign promises". LIBERAL campaign promises. I know Ontario voters are notoriously stupid, but even Ontario voters must have some recollection of how many campaign promises the liberals actually keep after you vote them back in. And don't care. You'll just vote them in again anyway. That being said, why do you even care what they promise if you know they're not going to deliver, and you'll vote them in anyway?

    It's funny, a liberal campaign promise being debated as if it'll actually happen.
    1. arthur posted on 04/16/2014 10:08 AM
      @Angry Bill sounds more realistic to me than Hudaks stupid idiotic non plan that the future people that will get jobs with his million jobs program will pay for transit with their income tax.
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