Dear Council Colleagues:For as long as we have been elected officials we have heardindividuals, groups, organizations, indeed
everyone
debatewhat Toronto needs in terms of transit investment andinfrastructure. The desire for better transit, for a better city,has not abated. It has strengthened.But these investments cannot be built without funding.At 10:30 am today, Wednesday June 27, we will announcethe
OneCity Transit Plan
, a 30-year, $30 billion plan designed tobring transit to every corner of the City of Toronto.What we are proposing today will, we believe, help leadToronto to its future, with our funding partners. OneCity willcomplement and strengthen any and all forthcoming fundingstrategies from the Province of Ontario, Metrolinx, and theFederal government. OneCity introduces CVA Uplift as a viabletransit funding option for Toronto.
It will give Toronto “skin inthe game”, to help get Toronto the transit everyone demands,
sooner rather than later.The CVA Uplift model will capture some of the property valueincrease
–
known as “uplift” –
to build a dedicated transit
legacy fund. Currently, as property values increase annually,the City can only collect the same amount of property taxesevery year because of provincial revenue-neutralrequirements. The Plan will ask the Province of Ontario toallow the City to capture 40% of the uplift, which is equivalent to a 1.9% property tax increase per year for four years. Thisidea was first suggested in the March 15, 2012, Report of theExpert Advisory Panel Regarding Transit on Sheppard AvenueEast.
We call our plan “OneCity” because this plan unites all parts of
our City through transit. This plan will benefit every singleresident of Toronto, whether they take transit or drive. Wewill build the right transit to suit the right demand at the right
price, whether it’s LRTs, streetcars or subways, and help make
Toronto a leader in public transit once again.The OneCity Transit Plan boasts six subway and train lines, 10LRT lines, and five bus and streetcar lines, totaling animpressive 170 km of new transit lines, bringing togethermany years of discussion on transit planning.The first project we propose is replacing the Scarborough RT(SRT) with a Scarborough Subway, which would run from
Kennedy Station, through Scarborough Town Centre, on toSheppard Avenue. This Scarborough Subway makes sense
because the SRT’s ridership numbers were never low and
Scarborough transit users deserve service continuity.Replacing the SRT with a Scarborough Subway will mean noservice interruptions and greatly improved services. TTC
riders won’t be stuck with shuttle buses for at least four years,
running up and down roads like Kennedy, Brimley, Midland,Ellesmere and Eglinton, as they await a replacement SRT.The second project is to build a streetcar line on Waterfront East, to help serve the 2015 Pan-Am Games and new residentsof the area.The other 20 projects will be prioritized by TTC staff in comingmonths. These include:
Building a Don Mills Express line from Queen Station toEglinton to alleviate the current pressures on theYonge/Bloor subway line
Upgrading the Bloor-Yonge subway station
Extending the Yonge subway to Steeles
Extending the Sheppard East LRT line to Malvern
Extending the Eglinton Crosstown LRT line to PearsonAirport
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