This is not true - at least not in the modelling assumptions. The report VERY CLEARLY makes it clear that the directly replaced buses were slower.
Increased transfers are problematic. Perhaps they need to model more LRT stops in an attempt to increase ridership.
Shame the model isn't open source. Or the report wasn't more granular, identifying the segment(s) where ridership is problematic.
The earlier iteration of this project that went from Kennedy and terminated at Sheppard and Morningside had pushing double the PPHPD ridership than the three bus routes it replaced (from according to the 2009 EPR. From 2,700 on the buses to 4,600-5,000 on the LRT.
Interestingly that study originally included a Malvern extension, which was dropped during the study. Is very poor ridership north of Sheppard an issue?
Is Sheppard East the issue? The 2008 Sheppard CEA only forecast a PPHPD demand for the LRT of 3,000 (presumably westbound approaching Don Mills) - presumably MUCH smaller east of McCowan. (the comparable bus ridership was 1,100 between Scarborough Centre and Don Mills). The 2008 CEA does note that east of Meadowvale (presumably westbound approaching Meadowvale) was 1,000 for the LRT.
Ridership on Sheppard East has always been surprisingly low - it certainly doesn't support subway east of Don MIlls, or perhaps Victoria Park. The only reason to go as far as McCowan is for network connectivity. How poor is the demand east of McCowan?
The projected ridership increase being so low compared to the shorter line does make one wonder about the branch on and north of Sheppard.