Observer Walt
Senior Member
299: I take your point, in a general sense, but the models are indeed very different. The airport can finance its improvements against future income. The TTC can't do that, as they, like other city transit systems, will never be able to generate a "profit" in the usual sense, therefore can't borrow against revenues.
The TTC is "OK", not on the verge of disaster. But certainly a better funding model is needed. Neither federal nor provincial governments are falling over themselves to step up with the funding which will be needed for meaningful improvements.
The TTC is "OK", not on the verge of disaster. But certainly a better funding model is needed. Neither federal nor provincial governments are falling over themselves to step up with the funding which will be needed for meaningful improvements.