Thanks for digging up the report on this one.
Make no mistake the distance between pedestrian crossings is long here, but at the same time this is also a bus stop that's virtually never used. I mean frankly i'd even go as far as saying it's borderline useless due to the very light use and the city's own observations even alludes to it:
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So if the city is going to use their rational here for installing a traffic signal, why dont they do it somewhere where there's a much higher number of crossings, where people are literally at risk of getting killed (ie: Birchmount and Rolark). I think this is the part that baffles many; there are legitimate spots where there's a higher need to traffic signals, but instead the city installs them in places where it's not really an urgent need.
Look at this nice beautiful 1.25km stretch of signalized crossing:
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