Ontario premier Kathleen Wynne has vetoed Toronto mayor John Tory’s plan to place road tolls on the city’s Gardiner Expressway and Don Valley Parkway, announcing she’ll instead be sending a larger share of the province’s gas tax dollars to fund Toronto transit projects.
The city’s plan was to charge $2 to $5.20 per trip taken along those major corridors, and to possibly raise the rates later to make up for things like inflation; the city would have taken in $160 million to $300 million per year from the tolls, reports the Toronto Star.
At a press conference January 27, Wynne, who had previously supported the tolls, announced that in their place, cities in the Greater Toronto Area would see their share of the gas tax doubled—when fully implemented by 2021, this plan would add about $170 million to the cities’ coffers.
Tory said the city will take those funds – to be channelled toward the Toronto Transit Commission (TTC) – but that the amount falls short of what it could have collected on its own via the tolls had the province approved his plan.
(via the Toronto Star)