Canadian cities face a critical funding crisis for public transit maintenance.

Leading Mobility Canada warns that major cities in Canada are struggling to maintain their public transit systems due to a critical funding crisis. The planned $120 billion for transit expansions won't help cities maintain current service levels, as funding primarily comes from passenger fares and property taxes, leaving cities with limited options. The report suggests implementing vehicle levies, benefit taxes, and congestion pricing as potential revenue-generating solutions, and recommends provincial legislative changes to enable transit systems to raise new money.

August 16, 2024
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