$17B for transit is good, right?
TheStar.com
October 17, 2007
Royson James
You can call it the quietest $17 billion gift ever promised the Toronto region in our lifetime – such has been the low-key, almost "I don't believe it" reaction to the province's stupendous funding announcement for public transit.
Aired in June, the plan purports to fund just about every wish-list project in Toronto, 905 and Hamilton – busways and LRTs and subway and GO rail extensions.
You'd think they'd be screaming in orgasmic delight from the clamshell at Toronto City Hall to the far-flung bedroom communities whose workers must traverse the GTA each day. You'd think there would have been a huge news conference, replete with town crier and horns and ribbons and pronouncements that the holy grail has finally been seized and the Toronto region had finally reached transit nirvana.
No. Nothing. Just sober reflection. It's almost as if the municipal leaders and transit advocates are saying, "Thank you, Mr. Premier. It's just what we expected. What took you so long?"
Maybe we've become accustomed to $17 billion announcements.
A few years back – doesn't matter which year exactly, as that only adds to the embarrassment over slow progress – the Three Amigos (Jean Chrétien, Mike Harris and Mel Lastman) met at the Docks to announce a $17 billion makeover of Toronto's waterfront. That is to occur over 30 years.
The transit money is actually $17.5 billion, spread over 12 years.
Maybe everyone is waiting for the Greater Toronto Transit Authority, the agency set up by Queen's Park, to translate the announcement into reality. The provincial Liberals announced their MoveOntario 2020 vision and the GTTA is to turn vision into plan next spring.
Maybe transit bodies are fearful the massive amount of money still won't be enough.
How so? Only two-thirds of the money is coming from Queen's Park. The province is asking Ottawa to pick up the rest of the tab, some $6 billion. Predictably, the federal government is mum, if not dismissive of the idea.
Maybe some are concerned that even if the feds acquiesce, the money will be too long in coming. Consider that in March, the Stephen Harper government announced nearly $1 billion in funding for transit, including huge sums to finance the subway expansion to York University. None of that money has flowed yet, locked in red tape. Imagine the delays with a plan they didn't conceive.
Maybe there are concerns about how we will operate all these projects – if and when they're built. Currently, the fare box covers too much of transit fares as municipal budgets strain to provide operating subsidies. If the City of Toronto, for example, can't afford to maintain and operate its current system, how will it be able to manage by adding $6 billion of new projects, dubbed Transit City?
But even with those caveats, we are miles ahead of where we were.
Unlike the Mike Harris transit plan that split the funding three ways, the cash-strapped cities and towns have been spared their contribution. That, more than anything, is the greatest attribute of this vision.
Still, there is one other worry for the fretful taxpayer. If Ottawa falls short of the $6 billion share, the GTTA may turn to tolls to pick up the shortfall.
Oh, sorry, they already have other ideas for the toll revenues – such as paying the stifling operating costs of transit.
Transit has never had it so good in these parts. And it stands to get better soon. Be happy, people, fears of road tolls notwithstanding.