Description: In a bid to fight traffic congestion and to raise additional funds, Toronto mayor John Tory announced this past week that major arteries such as the Don Valley Parkway are now candidates for a $2 per vehicle toll. Toll revenues will be plugged into funding for infrastructure and public transit. One aim of the proposed tolls is to target commuters from outside the city, forcing them to pay a share of the highways they use on their commutes into Toronto.
Date: November 24, 2016
1) What do you think of this strategy for raising public money for infrastructure?
2) Do you believe tolls can impact traffic congestion?
3) Where would this toll revenue show up in the city’s financial statements?