The Big Move, a Regional Transportation Plan
promotes a vision of
sustainable growth in the Greater Toronto and Hamilton Area through the
development of both large and small projects across the region. These
projects are evaluated using
Benefits Case Analyses, thus
ensuring quality projects are invested in, while respecting our fiscal
responsibility. To move projects along through planning, Benefits Case
Analysis, design and implementation into service, sustainable funding is
required.
All of these activities require an Investment Strategy.
What is an Investment Strategy?
An Investment Strategy is a plan to provide long-term and stable funding for
transportation in the Greater Toronto and Hamilton Area and ensure the
future prosperity of our region.
Our objective is to provide Metrolinx with stable funding that will help
sustain transportation infrastructure investment into the future and help
avoid boom and bust construction cycles caused by unpredictable funding.
Metrolinx Investment Strategy Objective
The Investment Strategy will determine the best funding tools available to
generate stable revenue. This will allow the region to embark on a period of
constant transportation improvements to keep up with the growth in our
region.
Investment Strategy Vision
Metrolinx has outlined the following vision for the Investment Strategy:
- Fair and equitable full-cost transportation pricing;
- Access to a range of dedicated, long-term funding sources and tools;
- Dedicated funding pledged back to support integrated multi-modal solutions;
- A shared responsibility by all three orders of government;
- A meaningful role for private-sector participation;
- Importance of public and stakeholder consultation/engagement;
- Commitment to performance measurement.
Devising the Plan
The Investment Strategy is currently undergoing development. After thorough
review and evaluation it will be fully completed in 2013 (as outlined in
Provincial legislation).
Continue to check back for opportunities to have your say on how to fund our
region’s future.
Read the Draft Investment Strategy, September 2008
here.
Read the Investment Strategy Overview, April 2008
here.