steveintoronto
Superstar
Please re-read what I wrote:Why would we toll the DVP/Gardiner to pay for transit in other cities? They can toll their own roads.
[majority owned by the City but open to other municipalities and private concerns (the corporations behind 407 lease, for instance, would bring expertise in running it) could then pay dividends to shareholders/partners if the yield is greater than cost, would be a good concept to look at.]
The reason other municipalities could/would buy-in is that they seem to be upset at the concept of Toronto charging tolls for their plebs. This way, by partly owning it, they can share in the cost, and they can share in the benefits, however they express themselves. Much the same would be accomplished if the province bought them from the city and tolled them, but that's not going to happen.
Edit to Add: Further to that line of approach, selling those 'highways' (in whatever fiscal form including off-loading to a corporation/consortium as buy-in share) would effectively be monies able to be spent on transit, even if the consortium share is used as collateral to borrow against. I'm not a great proponent of this form of financing and operation, but many cities have done this and continue to do it, as it gets debt off the books, and releases cash for more immediate needs. It is predicated on the need for highways diminishing as better transit replaces them.
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