Subway Financing Falling Apart? (Update 3)

Updated June 4 at 10:20 am: The Star has published an article discussing road tolls and other ways to squeeze money out of drivers to pay for transit improvements.  David Gunn weighs in on the folly of a Sheppard subway, and Toronto’s transit woes in general.

Updated June 2 at 2:00 pm: Inside Toronto has published an article discussing the zoning increases needed to make the Sheppard Subway a reality.  This includes an illustration of the intersection at Victoria Park developed at the density likely to exist.  The drawing is from Tridel, a well-known developer, not from some wild-eyed lefty trying to frighten the locals.

Although Mayor Ford has disowned the concept of road tolls as a revenue source for subway funding, Gordon Chong continues to press the issue saying:

“I was hired to put all the options on the table and that’s what I’m doing. Road tolls are off the table for the Ford administration. But they’re still part of the toolbox. If you choose not to use that tool, that’s your choice.”

Honesty about the real cost of Ford’s obsession with subways is rare, but refreshing.

Missing from the discussion is the whole question of what development at this density will mean for suburbs through which subways are built, and by extension along Eglinton Avenue which may encounter the same fate.  Just because you have a subway (or underground LRT) doesn’t mean that the neighbourhood or the roads can accept the resulting traffic and population.  Many people who live in the new buildings along Sheppard do not travel by TTC, and they will simply add to congestion on the road system.

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