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By Roundabout (anonymous) | Posted April 05, 2013 at 16:25:06 in reply to Comment 87686
Posted those not to condem the notion of a congestion charge but to illustrate that in managing to net just £120 million (~$185m CDN) annually toward transit, it seems like a so-so revenue tool. As you and Mr. Kevlahan have pointed out, there are opportunities for additional revenues.
I still question whether congestion pricing can raise most of the money we need to pay for The Big Move, but the Toronto Board of Trade has suggested that it might be able to raise $1 billion a year. It's still unclear how wide the GTA net would be cast or what the rate structure would be, so it's a claim that's impossible to disprove.
Even so, it's testament to the measure's political touchiness that Metrolinx hasn't put that option forward.
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