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Revised SmartTrack plan a GO

Plans don’t always pan out as expected, and although less sometimes means more, disputes can arise. This is the case with Mayor John Tory’s  initial SmartTrack proposal and the plan which has passed by city council on Wednesday.

 A recent announcement was made by the council confirming an agreement to spend up to $1.46 billion on SmartTrack. The plan put forth is an improved version of the one  Mayor Tory proposed during his 2014 election campaign.

 Federal and municipal governments are collaborating to fund this project. The city will raise $878 million of the total and the remaining $585 million will come from the federal transit fund. There was opposition to funding as some councilors believe that the province should pay instead of the city,  forgetting that the funds all come from the same source-tax dollars residents from across the region pay.

Despite worries of high costs and financing the plan, the decision was made to go forward with SmartTrack in a 37 to 6 vote.

Mayor Tory’s initial plan proposed 22 new stations and a link to Pearson Airport. The new plan will see 6 new stations to be operated by Metrolinx – the provincial transit body that operated regional transit service. The plan fuses SmartTrack’s use of existing GO stations and Metrolinx’s Regional Express Rail, and proposes integrated fares.

Mayor John Tory spoke about the much needed transit:

“This is the stage at which we are moving forward to start to build transit stations within the city of Toronto…Other municipalities are not proposing to build stations that the province would not otherwise have built to suit their local needs.”

Mayor Tory has consistently defended the plan noting the  33 million trips estimated on SmartTrack by 2041. The “cheapest transit we’re ever going to get inside the city,” he said.

There is a need for these stations to be built and Toronto municipal leaders are right to move forward with the revised plan put forth by Mayor Tory. Action means results, and as TTC Chair and councillor Josh Colle points out “Toronto has taken too many years off dwelling on the best way to improve the transit system.”

Toronto transit receives massive funds infusion totaling nearly $9 billion

By Jessica Ashley Merkley

Let’s be honest, it’s clear that the Toronto transit system is due for an overhaul. I, like many out there, am faced on the daily with the somewhat archaic city transit system that can certainly do with an upgrade.

Perhaps the delays and technical issues that cause frustrations quite regularly to commuters, will be a thing of the past, all thanks to a massive infusion of funds granted to Toronto transit by both the federal and provincial government, this week.

It was announced yesterday that Toronto transit will be receiving a massive boost from the federal government to be put to use over the next decade. The provincial government has also stepped up and nearly matched the amount given by the federal government.

It is now confirmed that the federal government has allotted $5 billion to the city of Toronto’s transit system. Additionally, the provincial government has matched this amount, allotting over $4 billion for various projects that are in the plans for the city’s transit infrastructure.

During a press conference that was held in Mississauga on Wednesday, the infrastructure ministers on both the federal and provincial level, joined forces and announced the signing of a bilateral agreement, which will see nearly $12 billion of federal funds used across Ontario for public transit, various community projects and environmental green infrastructure throughout the next ten years.

Of the near-$12 billion, Toronto is set to receive over half of the funds which have been allocated for Ontario transit- a figure that is roughly $8.5 billion. This infusion of money will allow the city to pay 40 per cent of the cost for slated transit projects.

It’s certainly refreshing to witness two levels of government joining forces to achieve a common goal. Ontario Infrastructure Minister Bob Chiarelli, also holds the same opinion on this as I, stating “I often say that the people of Ontario are best served when all levels of government work together,” while at the press conference on Wednesday.

As to the reasons why Toronto was allocated such a massive sum compared to other regions of the province, Federal Infrastructure Minister Amarjeet Sohi explained:

“The city of Toronto is getting a significant amount of money, Toronto’s ridership is larger and we want the resources to go where the resources are needed.”

The specific plans for how the funds allocated to Toronto transit will be used, have yet to be determined fully, however, the financial boost is sure to bring massive improvements to Toronto transit over the years.

Mayor announces $4.8 billion in federal transit funding

Toronto Mayor John Tory announced Thursday that federal money is on its way as part of the second phase of the Public Transit Infrastructure Fund.

“I’m thrilled that Toronto will receive approximately $4.8 billion of Ontario’s $8.34-billion allocation from the Government of Canada for our transit network expansion plan, which includes the Relief Line, Smart Track, the Eglinton East LRT and Waterfront transit,” Tory said in a statement. “This is a huge victory for Toronto and will lead to better transit for the entire region.”

He also confirmed that the province would be required to contribute 33 per cent of project costs and that Ontario would be encouraged to follow British Columbia’s example and commit to a 40-40-20 cost share arrangement.

The mayor has been a strong advocate for cost sharing when it comes to the Relief Line and Smart Track, and has been battling stubborn provincial politicians along the way. This soon-to-be announced funding is a big win on the part of Toronto and the much-needed Relief Line.

“With all the federal funding program allocations outlined today, including the Green Infrastructure Stream and Community, Culture and Recreation Infrastructure Stream, we thank Minister Sohi for underscoring the important balance between provincial and municipal priorities, ensuring that funding will flow to where it is needed most.”

 

More to come.

John Tory calls for provincial funding for relief line

Toronto Mayor John Tory did his best not to grimace at Friday’s joint federal-provincial-municipal press conference on the Yonge Relief Line.

For what seemed the millionth time, three levels of government “re-affirmed their commitment” to this important transit project without actually promising dedicating funding. In fact, in what was an awkward turn of events, Ontario Transportation Minister Steven Del Duca took his time at the podium to outline the province’s previous transit commitments and gush about the government’s contributions to Toronto.

Afterwards, Tory took the podium and said “investing in transit is not work that can ever be considered complete.” He called on the province and the federal governments to each contribute 40 per cent of the funding needed to build the relief line. With federal and provincial representatives standing at his side, he said this commitment was necessary and Toronto wasn’t going to take no for an answer.

The federal representative, Ahmed Hussen, the Minister of Immigration, Refugees and Citizenships, who was there on behalf of the Minister of Infrastructure and Communities, pledged his support for the relief line. Hussen talked about the $27 million the federal government has already promised to this project and said more is on the way as part of an 11-year, $81 billion infrastructure plan.

“This investment will not have a real and lasting impact for Canadians unless the province is involved,” Tory said in a statement. “While the Province of Ontario has invested $150 million to help plan the Relief Line, and we thank them for that, we need them to commit to partnership on the construction of this transit project and the continued expansion of our network across Toronto.”

“I’m asking for a steadfast commitment from the Province that they will be financial partners in the building of the Relief Line.”

It seems like even after all of this discussion — Toronto is in the same place it was before. The mayor is fighting for funding after being refused the right to raise it on his own with tolls. The province is in denial, saying they have already provided enough money. And the federal government is saying they will help, but won’t give an exact number just yet.

It looks like Toronto’s Mayor has a bit more fighting to do.

Canada needs to invest in green bonds to support infrastructure goals

With the rising costs of climate change and environmental degradation, governments are vying for solutions by investing in green infrastructure.

One of the most effective ways to invest in these types of infrastructure and energy projects is through green bonds — and it’s high time Canada gets the ball rolling. Green bonds are fixed-income securities that are created to fund projects that have environmental and climate benefits.When a project needs to be funded, it is possible to reach out to investors or creditors to support a project through bonds as opposed to obtaining a loan from the bank. Typically, federal governments will issue green bonds from public entities and will also provide targeted tax incentives. The involvement of the government in green bonds lowers risk and improves return  and makes the investment more desirable. This pushes large stock-holders to invest in green projects, and helps further build a green economy.

Canada has seen a total of $4.5 billion in total green bonds issued so far, with Ontario leading in investments in 2014 and 2017 consecutively. The Quebec government has also issued a bond, but the federal government has yet to release green bonds according to a report by RBC Capital Markets. The federal government and private market issuers have the capacity to support $56.3 billion worth of green bonds for green infrastructure in public transit, renewable energy, and electric vehicles.  The support of the federal government is needed to make green bonds competitive in Canada.

Across the world, green bonds are growing as a viable way to build green infrastructure. In London, England, the Climate Bonds Initiative contributes $694 billion that are being used to support low-carbon infrastructure. China has invested $36 billion in green bonds. This type of investment makes it easier to gain government approval on green projects rather than regular development initiatives. Even in India, developers are turning to the rising international trend in green bonds to support building projects as their weakened banks shy away from the non-green alternatives.

Canada has the opportunity to become a global leader by moving away from a purely resource-driven economy. Alongside the $180 billion over 12 years the federal government has committed to spend on infrastructure, green bonds could help support that lofty goal. If the federal government invested heavily in green bonds for environmental infrastructure projects, it could also give the currently depressed resource economies in Western Canada a much needed push towards a green economy.

It shouldn’t only be the responsibility of the provinces to invest in green bonds. The green economy is the way of the future, and green bonds are yet another way to make that a reality. It is time for Canada to take a stand on the international stage and become an environmental leader worldwide.

Affordable housing to recieve billions in federal budget

The federal budget is taking affordable housing seriously, with a new National Housing Strategy that wants to tackle Canada’s housing crisis.

The 2017 budget proposes to spend $11.2 billion over 11 years and will build safe and affordable housing across the country. In cities with high prices and a severe lack of affordable housing, like Toronto and Vancouver, this funding cannot come soon enough. The government’s proposed housing fund will be run by the Canada Mortgage and Housing Corporation (CMHC) — the country’s public insurance program for mortgages. The CMHC will receive $5 billion over 11 years to work on several projects related to housing. Another $3.2 billion will be dedicated to affordable housing specifically and will use a multilateral investment framework, relying on private and public funding to get affordable housing projects up and running across the country.

Out of the $11.2 billion, $3 billion will be spent in the next three years and $20 million for this year.

The money budgeted falls short of what the big city mayors caucus asked for at their meeting in late 2016. They asked for a pledge of $12.6 billion, spread over eight years to solve the affordable housing crisis that are growing in Canada’s largest cities. Toronto specifically has $2.6 billion in repairs needed for Toronto Community Housing units on the brink of being closed down.

Mayor John Tory is asking that the province pitch in to the housing fund as well and fill the gap that the federal government cannot commit to. Affordable housing in Toronto needs a huge investment to repair current community housing units as well as provide more. There are 82,414 households on the waitlist in the city, most consisting of families and seniors, and with rising house costs people are desperate for somewhere to live.

All three levels of government ultimately need to work together to tackle the affordable housing crises popping up across Canada. The National Housing Strategy is a brave step and the commitment of billions of dollars will make headway to giving vulnerable parts of the population somewhere safe and healthy to live. Without a home, it is nearly impossible to escape the throes of poverty — finally it seems that Canada is realizing the importance of shelter in the Great White North. Let’s hope that investment is maintained!

Canada budget 2017 highlights transit and housing

At 4 p.m. on March 22, the Government of Canada released their 2017 budget. As Canada celebrates it’s 150th anniversary, this budget, entitled “Building A Strong Middle Class”, is being described by many as uneventful and uninspiring. There was a lot of emphasis on innovation and skill training; but at the same time, little money was dedicated to facing new problems such as immigration, refugees, and post-secondary education.

The budget creates a deficit of about $29 billion for 2016/2017. The Liberals plan on reducing that deficit to about $14 billion by the end of their term.

The Liberal government says this budget was created under a gender-based analysis, meaning that all aspects within the budget, even those that don’t pertain to gender, were assessed based on the impact it would have on women. A gender statement within the budget makes reference to the still-high gender gap in Canada and the additional violence women experience on a regular basis.

“When making decisions that significantly affect peoples’ lives, governments must understand to what extent their policy choices will produce different outcomes for all people,” the gender-statement in the 2017 budget reads.

“A meaningful and transparent discussion around gender and other intersecting identities allows for a greater understanding of the challenges this country faces, and helps the Government make informed decisions to address those challenges—with better results for all Canadians.”

Here are some of the other highlights within the budget:

Transit: The government has dedicated $20.6 billion, spread out over the next 11 years, to public transportation projects. This funding will be used to cover up to 40 per cent of new subways and rail light lines — which is big for cities like Ottawa and Toronto that are in the middle of creating large integrated transit systems.

At the same time, the government is eliminating the public transit tax credit, which allows transit users to claim 15 per cent of what they pay.

Infrastructure: With the growth of the affordable housing crisis, the federal government has decided to invest $11.2 billion over 11 years for affordable housing. This money will be divided into a few different programs, including $225 million will go towards improving housing conditions for Indigenous Peoples not living on reserves.

Child Care: The Liberal government is going to spend $7 billion on childcare, creating about 400,000 new subsidized childcare spaces in the next three years. Parental leave has also been increased to 18 months, and expecting mothers can claim Employment Insurance benefits up to 12 weeks prior to giving birth — it used to be eight weeks.

Skills/Training: Innovation Canada will be receiving $950 million over five years to support innovators and to build “super-clusters”. The budget also agrees to allow those on Employment Insurance benefits to apply to go back to school or undertake training, something which was not possible in previous years.

 

Do you have an opinion on the 2017 budget? Let us know in the comments below!

Carbon tax angers provinces, but Prime Minister stands strong

Canada’s provinces are at an odds with the federal government after Prime Minister Justin Trudeau announced a unilateral mandatory carbon tax that is set to be launched in 2018.

Anger has swept across the country as Trudeau takes decisive steps to enact a climate change plan that will meet Paris Conference targets to cut carbon emissions 30 per cent of levels from 2005. At the federal-provincial climate talks, the Prime Minister announced that Ottawa will impose a levy of a minimum of $10 per tonne of carbon emissions by 2018. That amount will go up $10 annually until 2022, where it will reach its maximum at $50 per tonne. Trudeau has also granted the provincial governments the opportunity to adopt their own cap and trade or carbon tax programs, as long as it meets the required targets. If the provinces don’t meet those standards, then the government will impose the minimum $10 carbon tax themselves.

But, not everyone is thrilled with the carbon tax. The provinces are irate, especially Saskatchewan and Alberta. Alberta Premier Rachel Notley reported she would only meet 2022 targets of $50 per tonne if the federal government allows the Kinder Morgan pipeline to be built. Saskatchewan Premier Brad Wall has claimed the decision is a ‘betrayal’ on the part of the federal government to work openly with the provinces. Many westerners have claimed that Trudeau’s unilateral policy directly attacks Western Canada and is reminiscent of his late father, Prime Minister Pierre Elliot Trudeau’s National Energy Plan.

On the other hand, the plan is being widely criticized by environmentalists for not being strict enough. Many groups feel that $50 a tonne of carbon would not be able to meet the 2030 Paris Conference targets. I guess there is something to be said of finding the middle ground — if no one is happy, it’s probably a good policy.

Trudeau will convene a first minister’s meeting on Dec. 8 to define the details of the climate plan, which will include the carbon tax.

Climate change is a reality and invoking mandatory laws around it is a step in the right direction. The provinces need to be pushed to implement carbon tax incentives and it is necessary for the federal government to make that decision firmly. Hopefully the other changes that will be discussed in the first minister’s meeting will provide even more climate change incentives and Canada can become a leader in ‘green’ change on the international stage.

If only the provinces would jump on board — an environmentally focused and united country could become a reality.

Separate parental leave for dads could become a Canadian reality

Having a newborn is a life-changing and miraculous experience, but can leave parents exhausted if they are forced to split their time between work and taking care of an infant.

Luckily, the Canadian government is looking into granting new dads separate parental leave so that both parents can help raise a new baby together. Currently, the government splits employment insurance (E.I) benefits for new parents, which puts unnecessary stress on the first year of a child’s life. Maternity leave is 35 weeks and is most often taken solely by the mother.

The system of splitting parental leave allows the mother to take the first 17 weeks of maternity leave and the father can take the remaining 18 weeks of leave if desired with E.I benefits. This leaves both parents in a tough position and most often, the mother will continue to stay home during the second half of parental leave.

Quebec is the only province that has a different parental leave arrangement set in place for families. Quebecois dads can take an extra five weeks of parental leave and will continue to make up to 70 per cent of their pay check while they do so. Seventy-eight per cent of dads decided to stay home in 2012 . Federal Labour Minister, MaryAnn Mihychuk will be opening discussions to obtain similar standards for every province in the country.

Changing these standards and encouraging paternity leave more would benefit families, and women. First of all, both parents could take parental leave together. Raising a baby is hard work, especially in the initial years, and removing the need to work right way would lower stress for both parents.

Parental leave is also beneficial for women because it would reduce the stigma that men are more dependable employees because they don’t take parental leave as a mother is expected to. Having equal opportunity for both parents to stay at home would even the playing field in the job spectrum.  Any opportunity that increases gender equality in the workplace and at home is a welcome one.

Furthermore, discussions around parental leave will also potentially allow parents to have 18 months of parental leave rather than 12 months. When a child is only one year old, it is very difficult to  leave them in someone else’s care to return to work. At 18 months, toddlers have reached more substantial milestones such as walking and beginning verbal skills. From experience, it is much easier to leave a child that can walk and communicate at childcare than a baby who is still crawling.

Even if the necessary approvals for separate parental leave lie well in the future, it is exciting that these discussions are occurring at a federal level. The Canadian government is finally moving away from monetary solutions, such as childcare benefits as a replacement for extended parental benefits. Instead, the liberals are seeing the value in staying at home with your kids. This quality versus quantity approach to governing feels like a fresh start for Canada and, hopefully, these discussions will become realities for families in the future.