Transit Systems for Canada - Analysis - june 17 2016

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This is high-level look at transit systems. Transit systems are run by municipalities as such any overruns will be passed onto residence via higher property taxes or Fares. Transit is important, but there needs to be both integrated strategy as well as business case to support both risk as well as profitability of a project/route

Wirtschaft & Finanzen

Transit System – Canada –
Analysis – June 2016
By: Paul Young, CPA, CGA

• This presentation is on perspective on Transit in Canada

Paul Young - Presenter
Bio
• CPA/CGA
• 25 years of experience in Academia, Industry and Financial solutions
• Youtube Channel -
https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg

Agenda
• Transit Funding
• Federal Budget

2016 – Federal Budget
• No mention of the Build Canada and Gas Tax Funds
• No mention of the Provincial Commitment
• No mention of the capital funds at Municipal Level

Transit
• http://www.auditor.on.ca/en/reports_en/en14/305en14.pdf
• P3 -
https://www.thestar.com/news/queenspark/2014/12/09/publicprivate
_financing_cost_ontario_taxpayers_8_billion_auditor_says.html
• Scarborough - http://www.citynews.ca/2016/06/17/tory-defends-
extra-900m-scarborough-subway-extension/
• Brampton -
http://www.theglobeandmail.com/news/toronto/brampton-puts-off-
decision-on-386-million-light-rail-project/article25384901/
• Ridership - http://www.theglobeandmail.com/news/politics/drop-in-
transit-ridership-has-officials-across-canadastumped/article30178600/

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