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Presentation to: Greater Vancouver’s Livability Forum TransLink’s 2010 10-Year Transportation and Financial Plan June 1, 2009. Presentation Outline. We can’t afford the status quo Our solution: The Big Move A bold 25-year, $50 billion plan - PowerPoint PPT Presentation
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Metrolinx is an agency of the Government of Ontario
Presentation to:
Greater Vancouver’s Livability Forum TransLink’s 2010 10-Year Transportation
and Financial PlanJune 1, 2009
2
Presentation OutlineWe can’t afford the status quoOur solution: The Big MoveA bold 25-year, $50 billion planPlus unfunded legacy costsThe $1.0B rev-gen clubRevenue and financial tools: Feasibility/risk matrixWhat people told us: Results FirstWe have a starting foundationThe initial “Big 5” projects and beyondOur progress so far… In record time
3
Why we can’t afford the status quoAuto-dependent growth is choking our economy, environment and QOL
The Greater Toronto and Hamilton Area (GTHA) in Southern Ontario:
Canada’s largest urban region –- one of the fastest-growing in North America
From 6.0 million people today to over 8.6 million in 2031
1.5 million more cars in 2031
Cost of congestion to the regional economy: $6.0 billion per year today, rising to $15.0 billion in 2031 if left unchecked
Average time each person spends each weekday commuting will increase from 82 minutes today to 109 minutes in 2031
4
Our solution…An integrated transportation plan to enhance sustainability, prosperity and QOL
A high quality of life -- comfort, reliability, choice, attractive, safeA thriving, healthy and protected environment -- smaller carbon footprint, ecosystem approach, conserving landA strong, prosperous and competitive economy -- functional, integrated, efficient, fiscally sustainable, secure
5
The “Big Move” transformationFrom today’s part-time, radial regional transit system
6
To a bold $50 billion plan in 25 yearsA fast, frequent regional transit grid
7
To a bold $50 billion plan in 25 yearsA fast, frequent regional transit gridPopulation
living within 2 km of rapid transit (%)
Total rapid transit system length (km)
Average commute time per person per day (minutes)
Annual GHG emissions from passenger transportation per person (tonnes)
Status Quo Today
42 500 82 2.4
Status Quo in 25 Years
47 525 109 2.2
81 1,725 77 1.7
8
Transformational change targetsTo achieve the Big Move objectives
Auto Transit
Walk/ Cycle
Today 75% 16% 9%
50%
30%
20%
9
$50B is “only” capital expansionThe new transit assets will create over $3.0B per year in un-funded legacy costs
10
GTHA’s $1.0B+ revenue-generation clubNo single silver-bullet solution, given the size of the investment challengeRoad Pricing 10+ cents per km charge on
provincial and municipal expressway networkHwy 407 ETR benchmark: 19 to 20 cents per km
Parking Pricing $1 per weekday per free and paid commercial parking space
Gas Tax 20+ cents per litre dedicated surcharge
Transit Fares 50%+ operating cost recovery from farebox
Transit Operating Grant
50%+ operating subsidy from government
Transit Capital Grant 50%+ capital subsidy from government
Sales Tax 1%+ GTHA regional sales tax
11
What it could mean to the typical driverUnderstanding the everyday pocketbook impactSample origin/destination points
One-way tripAt 5 cents
per kmAt 10 cents
per kmAt 15 cents
per kmAt 20 cents
per km
Downtown Toronto to: Markham Oakville Pickering Oshawa Hamilton
$1.50$1.80$1.95$3.00$3.35
$3.00$3.60$3.90$6.00$6.70
$4.50$5.40$5.85$9.00
$10.05
$6.00$7.20$7.80
$12.00$13.40
Mississauga City Centre to: Oakville Hamilton
$1.00$2.50
$2.00$5.00
$3.00$7.50
$4.00$10.00
Downtown Oshawa to: Pickering Vaughan Mississauga
$1.05$3.40$4.05
$2.10$6.80$8.10
$3.15$10.10$12.15
$4.20$13.40$16.20
12
Tools feasibility/risk matrixAttitudinal, legislative, policy and technical challenges to implementation
Criteria Technical
Feasibility
Magnitude
Sustainability
Fairness Transportation Impact
Administrative Cost
Taxpayers Protectio
n Act
Description Practice and
technology in-use
today
Size of potential revenue
Revenue growth over
time
Linkage between payment
and benefit
Achieves desired modal
shift
Life-cycle expense for
revenue collection
Applicability of TPA
Road Pricing E.g. 407 >$1B Rate control Road v. transit
Modal shift <2% No
Transit Fares Multiple >$1B Rate control Ridership Disincentive <2% No
Government Grant (Tax)
Multiple >$1B Rate control Public interest
Public interest <2% No
Regional Sales Tax Multiple >$1B Rate control Economic Public interest <2% Yes
Land Value Capture Multiple <$500M Corridor limits Economic Attribution <2% No
Debt Financing Multiple >$1B Level control Generational Generational >5% interest No
Parking Pricing Few >$1B Rate control Road v. transit
Modal shift <2% Yes
Gas/Carbon Tax E.g. Prov’s >$1B Rate control Road v. transit
Modal shift <2% Yes
Employer/Payroll Tax
Few >$500M Rate control Economic Disincentive <2% Yes
Vehicle Registration Tax
E.g. Toronto
<$500M Rate control Non-exclusive
Modal shift <2% Yes
Utility Levies Few <$500M Rate control None None <2% Yes
Auto Insurance Tax Few >$500M Rate control Non-exclusive
Modal shift <2% Yes
13
What people told us“Results First”
Transportation congestion -- the leading GTHA issueA bold comprehensive plan needed –- not incremental improvementsSingle-point of regional collaboration and accountabilityDemonstrated support and coordination by all levels of government Follow the international and national leadersResults First:• Move forward with new projects first -- funded by existing
commitments• Build implementation credibility and track record first -–
before seeking new revenue and financial tools
14
We now have starting foundation (1/2)The new, action-focused Metrolinx Act, effective May 2009
Merging Metrolinx and GO Transit
The combined, integrated strength of:• Metrolinx as a visionary planning and policy agency• GO, the well-established regional transit provider
No elected officials on the Metrolinx Board
Business-like, “no-boundaries” regional approach to GTHA transit capital programFaster implementation decision-makingInsulated from politically-driven project change orders and cost escalation
Metrolinx to fund, own, and operate the designated “regional” transit system
A new business model and transformational policy change to deliver major new transit projectsMetrolinx-owned transit assets achieve accounting benefit and affordability for Province
Metrolinx empowered to enter into commercial agreements
Metrolinx will establish construction and O&M performance agreements with: Municipalities and municipal transit providers, the private sector and other implementation partners
15
We now have a starting foundation (2/2)The new, action-focused Metrolinx Act, effective May 2009
Framework to create Metrolinx subsidiary corporations
Future basis to establish focused, single-point-of-accountability project delivery and governance
Metrolinx rolling five-year capital plan
Basis to build a continuous project “pipeline” of regional transit expansion and improvement projectsIntegrated with the Provincial annual, five-year and 10-year infrastructure plans
Strategy to close the long-term investment gap
Metrolinx mandated to report the Province by 2013 with recommendations on:• Dedicated long-term financing and revenue tools• To sustain transit-building beyond the initial “Big 5”• To address ongoing legacy costs including O&M
2013 report-back timed to achieve the Metrolinx “Results First” strategy
16
A green light for the Metrolinx “Big 5”$9.6B in project funding announced by the Premier in April-May 2009 Construction
StartIn-
ServiceCommitted
Funding ($B)
Route Length
(km)
York Viva BRT Fall 2009 2013 1.4 37
Sheppard LRT Fall 2009 2013 1.0* 15
Finch LRT 2010 2013 1.2 24
Scarborough RT 2010 2015 1.4 10
Eglinton RT 2010 2016 4.6 30
TOTAL 9.6 116
* 33% cost-shared by the federal government
17
Beyond the initial “Big 5”Building a continuous project pipeline
Potential Next-Wave Priorities (Alphabetical
Order)
Estimated Cost ($M)
km
Durham Highway 2 RT 1,000 41
GO Transit Rail ImprovementsBarrieBowmanvilleMiltonRichmond HillStouffville
500200 - 250
300480560
9620504651
Halton-Peel-Toronto Dundas RT 265 – 735 40
Hamilton King-Main RT 450 – 700 14
Lakeshore Express Rail Electrification
1,900 – 2,400 115
Peel Hurontario RT 800 – 1,200 20
Yonge North Subway Extension 2,400 – 2,950 7
TOTAL 8,855 – 11,075
(Unfunded)
500
18
Our progress so far: Inception to implementation in record time… Now a fast-track to a robust “Results First” 7-year build program
2007 2008 2009
Metrolinx Quick Wins
project development
$744 M Quick Wins
Investment Package 14 New Projects
2008 to 2012
Metrolinx Regional Transportation Plan
and Project Benefits Case Analysis
“QuickWins” project bundle
developed in
collaboration with GTHA municipaliti
es New Metrolinx
Act
Metrolinx-GO merger
$9.6B Five Major Transformational
Projects
Fall 2009 to 2016
1st
Board meetin
g1st CEO recruite
d
Approved by
Province
Approved by
Province
19
John Howe, General Manager Investment Strategy and Projects
416-874-5912 or 416-453-6818
john.howe@metrolinx.comwww.metrolinx.com
Metrolinx is an agency of the Government of Ontario
Appendix
Transit Financial and Performance Snapshot
21
GTHA Transit Landscape Today
Metrolinx, the regional transportation authority
GO Transit, the major regional cross-boundary transit provider
Plus nine municipal transit providers
22
New revenue tools for TorontoEffective 2008
Personal Vehicle Tax ($60 per auto) = $46M per yearMunicipal Land Transfer Tax (LTT) (0.5% to 2.0%) = $160M per year(Over and above existing Provincial vehicle registration fee and LTT)Combined, the new vehicle tax and municipal LTT will account for only 2% of Toronto’s total annual revenuesToronto is dedicating the new revenues to municipal core services -- but not uniquely to roads and transit
23
Ridership (2007, millions of passenger trips per year)Toronto-TTC accounts for more than 75% of GTHA transit ridership
1st Qtr
2nd Qtr
3rd Qtr
Slice 4
460
92
51
Toronto-TTC
GO Transit
Rest of GTHA
24
Operating Cost (2007, $M)GTHA transit systems incur $1.8B in annual operating costs
1093287
383
Toronto-TTC
GO Transit
Rest of GTHA
25
Cost Recovery (2007, %)GO and TTC boast the highest transit operating cost-recovery rates in the world
Toronto-TTC
GO Transit
Rest of GTHA
0102030405060708090
100
TTC-Toronto
GOTransit
Rest ofGTHA
GTHAAverage
73%
86%
46%
49%
26
Capital Investment (2007, $M)
$1.3B in GTHA transit expansion and improvement projects in 2007
500
151
611
Toronto-TTC
GO Transit
Rest of GTHA
27
Dedicated Federal and Ontario Gas TaxEstimated $M per year allocated to GTHA municipalities
364
221
Federal 5 cents/L
Toronto dedicates its federal gas tax allocation to transit ($163M per year)
Other GTHA municipalities allocate federal gas tax funds to a range of municipal and community infrastructure needs
Ontario 2 cents/L
Municipalities are mandated to dedicate their provincial gas tax allocations to support transit needs
28
A growing federal funding presenceCanada has committed $2.9B committed to GTHA transit needs since 2004Project $ M Federal Funding Source Date
Toronto-York Spadina Subway Extension 622.0 Building Canada Fund March 2007
City of Toronto Gas Tax Allocation 407.0 Federal Gas Tax Fund June 2005
GO Transit Rail Improvement Program 385.0
Canada Strategic Infrastructure Fund May 2004
Toronto TTC Strategic Capital Investments 350.0
Canada Strategic Infrastructure Fund March 2004
Toronto TTC Sheppard East LRT 333.0 Building Canada Fund May 2009
GO Transit Parking Improvements 250.0 Building Canada FundFebruary
2009
GTHA Public Transit Fund Share 117.0 Public Transit Fund June 2005
Brampton AcceleRide BRT 95.0Canada Strategic Infrastructure Fund March 2007
York Viva BRT Phase 2, Part 1 85.0Canada Strategic Infrastructure Fund March 2007
Mississauga Transitway BRT 83.0Canada Strategic Infrastructure Fund March 2007
Toronto TTC Transit System Improvements 76.0 Infrastructure Canada Program April 2002
York Viva BRT Phase 1 50.0Canada Strategic Infrastructure Fund May 2004
Hamilton Low Emission Bus Purchase 6.0 Federal Gas Tax Fund
February 2007
Hamilton Hybrid Bus Purchase 6.0 Federal Gas Tax Fund April 2007
Durham Long-Term Transit Strategy 2.5 Other March 2007
TOTAL 2,867.5
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