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Senate pushes forward Infrastructure Bank

Wednesday, the Senate passed legislation that would allow for the creation of the Infrastructure Bank. According to the bill passed, this corporation’s purpose is to “invest in, and seek to attract private sector and institutional investments to, revenue-generating infrastructure projects.”

Bill C-44 allows government to implement certain provisions to the federal budget, including making room for the much-talked-about Infrastructure Bank. The bank will help structure proposals and negotiate agreements for infrastructure projects across the country. They will receive unsolicited proposals from the private sector or institutional investors, provide advice to all levels of government, and monitor the state of infrastructure in Canada.

As Bruce McCuaig, Executive Advisor of the Privy Council, said Tuesday at a seminar on alternative financing, “If we were to build all infrastructure on public balance sheets, we wouldn’t be able to get there.”

The seminar McCuaig spoke at Tuesday was hosted by the Transit Alliance, a non-political organization for those who work in the transit and infrastructure industry, students, or those interested in transit and transit planning in cities across Southern Ontario. Much of the discussion centered around whether or not the Infrastructure Bank is going to be useful for municipalities.

The biggest challenge is that Bill C-44 only outlines the recommendations and the broad powers the Infrastructure Bank holds. There are still quite a few details to work out, for example how the Infrastructure Bank will balance public and private interests. The general consensus is that the bank will provide opportunities for municipalities, but that it should focus on projects that are having a harder time finding funding.

As the bank starts to develop and grow, more information will become available.

What do you think of the Infrastructure Bank? Let us know in the comments below!

Transit Alliance: financing infrastructure via P3 and AFP

Ontario has an infrastructure deficit — there is a lot of infrastructure that still needs to be developed, but very little money is available. This creates a bit of a challenge. “If we were to build all infrastructure on public balance sheets, we wouldn’t be able to get there,” said Bruce McCuaig, Executive Advisor of Privy Council Office. “Money isn’t free.”

McCuaig was a special guest at the Transit Alliance’s seminar on alternative financing and public-private partnerships. Over 80 people attended the June 20 event in hopes of learning more about the Infrastructure Bank and alternative financing models that can help push municipal projects forward.

The morning seminar began with a fireside chat between McCuaig, KPMG partner Will Lipson, and Transit Alliance Chair Brian Crombie. The conversation centered around the Infrastructure Bank, a crown corporation that will provide low-cost financing for new infrastructure projects. McCuaig is set to help launch the Infrastructure Bank through the Privy Council.

“It’s about finding the best financial model for the project,” McCuaig said. “Each on has different needs.”

Transit will play a big part of the portfolio, although clean water was also mentioned numerous times throughout the discussion. McCuaig stressed that a balance will be needed between public interest and independence within the crown corporation, and that decisions should be made using evidence-based analysis.

The Infrastructure Bank will be complimentary to Infrastructure Ontario, Infrastructure Canada, and other private agencies. KPMG said the corporation will bring about numerous opportunities for municipalities, providing more financing options than before.

“The government has been quite wise in implementing the bank,” Lipson said.

After the fireside chat, Crombie moderated a second panel that dealt largely with financing for smaller municipal projects. Special guests on the panel included Rob Pattison, SVP, LRT, Infrastructure Ontario; Don Dinnin, VP Procurement Services at Metrolinx; Olivia MacAngus, VP Corporate Development at Plenary Group; and Omer Malik, Vice President Project Financing at Stonebridge Financial Corporation.

Each member of the panel is involved in public-private partnerships or alternative financing, and believes that innovation and creativity are key when it comes to municipal projects. For most, the Infrastructure Bank is a unique opportunity, but not something to depend on. MacAngus and Malik both think there is too much unknown about the Infrastructure Bank. “We don’t need another traditional lender,” Malik said. “It should focus on a gap, where larger equity funds aren’t interested.”

Dinnin suggested the use of an agency such as the Infrastructure Bank to help spearhead the relief line in Toronto. Metrolinx, he said, has a number of funded projects using public-private partnerships, but maybe the Infrastructure Bank can fill the rest of that gap. “There is always more than one way to do something,” he said.

The collective solution to municipal infrastructure, as suggested by the panel, is hybrid-financing models and innovative thinking — partnering with the right investors to see your project completed.

The goal of alternative financing and public-private partnerships is to build and develop a project on time and on budget. According to Pattison of Infrastructure Ontario, the worst thing someone can do is drag out the construction phase.

The seminar also included a networking opportunity, where business and municipal leaders were able to approach these financial firms to discuss their personal projects and seek advice (or offer potential solutions).

“Expertise should always be evolving,” Pattison said.

Here are some photos from the event:

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More photos to come.

Photographs taken by Ethan Helfrich.

King St. Pilot makes transit the priority

Thursday, the Toronto Transit Commission (TTC) and city staff made their second presentation on the King St. Pilot, a plan that will hopefully alleviate congestion along the car-heavy corridor to make it more transit-friendly.

“What we are trying to do here is to improve transit service for the 65,000 passengers on the busiest transit route in the city,”said Jacquelyn Hayward Gulati, Director of Transportation Infrastructure Management with the City of Toronto. “That’s three times as many drivers who use the corridor. We are trying to move the most people the most efficient way.”

The pilot will cover six kilometres of King St., from Jarvis to Bathurst. The corridor would funnel drivers to parallel east-west routes like Queen St., Richmond, Adelaide, Wellington, or Front, while still allowing local drivers to access the street for short periods of time.

According to Gulati, making King St. completely car-free would take immense resources, as there are driveways and parking garages that can be accessed from that corridor. Instead, city staff has designed a plan allowing local residents to drive on King St., but only between intersections. These vehicles must turn right at the next traffic signal. Physical barriers will be used to prevent vehicles other than the streetcars from passing through the intersection.

There is also going to be designated spaces for short-term loading, deliveries, and taxis, something business owners indicated was a necessity.

Photo courtesy of City of Toronto.

“People will access the section of King that they need to access for their local trip,” Gulati said. “We are looking to have the amount of mixed traffic dialled down to such an extent that we expect to see streetcar improvements, but it is a pilot project and that’s what we want to learn from this.”

Cyclists, transit users, and emergency vehicles would be the only commuters allowed to cross intersections. However, there would be no dedicated bike lanes.

This particular corridor between Bathurst and Jarvis was chosen because it has the worst transit service on King St. The goal of this pilot would be to see additional improvements in reliability, speed, and capacity on the King St. streetcar — more people walking or using transit and less people driving.

The estimated budget level cost is $1.5 million, but that is bound to change once the design has been finalized after Thursday’s public meeting.

If all goes well, a final report will be presented at a June TTC board meeting and then will be sent to approval by City Council in July. The plan is to be able to implement the King St. Pilot by the Fall of 2017 or Spring 2018.

What do you think of the King St. Pilot? Let us know in the comments below!

Tory threatens to stop Yonge extension until relief line funded

Toronto Mayor John Tory has threatened to remove his support of the Yonge North Subway Extension unless the province agrees to provide funding to help construct the relief line.

This announcement was made following a report that was released for approval by the Executive Committee on both transit projects, seeking approval for the alignment and design/planning stages. This new report also included the cost estimate for the relief line — $6.8 billion for the construction of the first phase of the project. There is little doubt the cost will continue to rise as the design of the line continues.

As of now, there is no dedicating funding from the federal or provincial government for the relief line. The Ontario Minister of Transportation, Steven Del Duca, has promised $150 million for the planning of the project, but that’s it. According to a press statement released by the minister, the province has also notified city officials of a budget freeze in 2018,” which would leave no room for funding either of these projects at the municipal level.”

Del Duca doesn’t see this as a problem. “We’ve been at the table right at the start for both of these projects, by contributing $150-million to the Relief Line planning and design work, nearly three times the amount the City has committed, and $55 million towards the same work on Yonge North,” he said in the statement. “However, Mayor Tory just can’t take yes for an answer.”

What Del Duca fails to realize is that $150 million for the planning of the project will do nothing to help move the relief line along. It’s small change for a project as large as this. By 2031, the Yonge Line (Line 1) will be at capacity, unable to carry new riders. It’s important to remember the development of SmartTrack will not offer relief to Line 1. The many transit extensions being built prior to the relief line will actually drive traffic towards this central line, increasing capacity until it’s no longer feasible to operate.

That’s why Tory said at a press conference that he would not support the development of the Yonge North Subway Extension until the province changes their mind on funding this important project. The extension is a project supported by many Liberal candidates in the York region.

“We might have to consider just diverting our resources to other work,” he said to reporters. “If we are uncertain that the relief line will be funded or not, then why would we be devoting our time working on the Yonge Street North Extension because the two are very much interconnected.”

Tory emphasized that without provincial or federal funding, there is no way the City of Toronto can afford to build this critical subway line.

The new relief line, if approved by city council, will travel down Carlaw between Gerrard St. and Eastern. The next phase of the work will be to accelerate the planning and design of the southern part of the line, including developing the next budget estimates.

CEO Sarah Thomson reveals purpose of Green Cities

In addition to being the publisher of Women’s Post, Sarah Thomson is also the volunteer CEO of the Transit Alliance. The Transit Alliance is a non-profit that is dedicated towards making the golden horseshoe area as green and pedestrian/transit-friendly as possible. In January, she hosted Green Cities 2017, a breakfast attended by over 300 business, community, and political leaders.

Attendees got to listen to two panels of experts discussing sustainable options for transit and building.

See what Thomson said at the end of Green Cities:

Over 300 people ask ‘do we live in a green city?’

On Jan. 25, over 300 people entered the Bram and Bluma Appel Salon at the Toronto Reference Library to discuss and debate this question: How do we design, plan, and build a green city?

The Transit Alliance, a non-political organization that works with those in the transit and infrastructure industry, hosted its first Green Cities breakfast Wednesday to discuss the need for greater transit, greener building, and an overall more liveable city design. Toronto Chief Planner Jennifer Keesmaat was the keynote speaker. “As humans, we have the ability to shape our habitat,” she said. “The model is not sustainable.”

During her speech, Keesmaat announced the King Street Pilot Project, which hopes to help unlock gridlock in a particularly messy and busy corridor. This is the first time Keesmaat has, in an official capacity, mentioned the project. Further details will be released on Feb. 13.

While guests enjoyed their coffee and muffins, Bruce McGuaig, CEO of Metrolinx; Dr. Dianne Saxe, Ontario Environment Commissioner; David Paterson, VP Corporate and Environmental Affairs for GM Canada; and, Mary Margaret McMahon, Toronto City Councillor walked on stage to take part in a panel discussion on transit. While a variety of topics were introduced, the common denominator seemed to be this: the Golden Horseshoe needs more. The city needs more transit, more funding, and more emphasis on liveability in design.

The second panel of the morning focused on green building, both commercial and residential. The panel consisted of Mike Schreiner, Leader of the Ontario Green Party; Amy Erixon, Principal and Managing Director Investments at Avison Young; Christopher Wein, President of Great Gulf; and, Andrew Bowerbank, Global Director, Sustainable Building Services at EllisDon. Education was a big topic of interest. Building green is only slightly more expensive, but the benefits and the return to the homebuyer is much greater. Everyone agreed that educating the public as to the real costs of building green is critical to a low-carbon community. The question of the panel: Why would we ever NOT build a LEED-certified or Net-Zero home anymore?

Here are a few select photos from Green Cities:

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New Mainstreet Research poll shows Toronto crazy for tolls

There has been a lot of criticism following Toronto Mayor John Tory’s new proposal to toll the Gardiner Expressway and the Don Valley Parkway. But, what do Torontonians really think? A recent poll published by the Transit Alliance, a non-political organization that works with people in the transit and infrastructure industry, shows that over 50 per cent of Toronto residents actually support the use of tolls.

The poll, which was conducted by Mainstreet Research on Nov. 25, surveyed residents from all 44 wards in Toronto to find out if they supported tolling major roadways to pay for infrastructure and transit. What they found was an overwhelming endorsement of the mayor’s proposal. Sixty-five per cent of Toronto respondents said that tolls were the preferred source of revenue compared to increasing property taxes or introducing a sales tax.

This statistic was further broken down into regions: 72 per cent in the downtown core, 64 per cent in North York, 62 per cent in Scarborough, and 57 per cent in Etobicoke.

When asked specifically about tolls, respondents across the board said they would be supportive of implementing them on the DVP and Gardiner.

The question was: “Proponents of road tolls for the Don Valley Parkway and the Gardiner Expressway say road tolls would force non-city of Toronto residents to pay their fare share; critics say road tolls are an unnecessary tax hike. Do you approve or disapprove of introducing tolls on the DVP and Gardiner Expressway to pay for transit and infrastructure?

Support for tolls was the highest among downtown residents, with 70 per cent of respondents approving — including 52 per cent strongly approving — of the revenue sources. Residents of Etobicoke and Scarborough were less supportive of tolling, at 61 per cent and 68 per cent support respectively — still relatively high within the margins.

Only a third of Toronto residents approved the use of property tax increases, and even less supported the use of a sales tax (22 per cent).

While there are a number of critics that believe tolling to be an unfair tax on those living within the 905 region, this poll shows that even those living in Etobicoke understand the need to create revenue for better transit and infrastructure. The city needs to grow, and if the choices are between an increase in taxes or a toll on drivers, Toronto has made it clear that tolls are preferable.

If there is this much support throughout all the wards within the city, hopefully the mayor’s proposal will soar through council and Toronto can finally start to accumulate the funds it needs to continue developing transit and infrastructure throughout the GTHA.

Mainstreet Research surveyed a random sample of 2,280 Toronto residents, calling a mixture of landlines and cell phones. The poll has a margin of error of +/- 2.05 per cent.

GALLERY: Discussing Toronto’s Regional Vision

The Transit Alliance held its annual Toronto Region Vision Summit earlier this month, and the discussion was truly fruitful. Low-carbon living, transit, city building, and housing were all brought up by various participants with differing perspectives. This is how a region grows — by listening to the experts, introducing new ideas, and making adjustments to plans that have been in the works for years to better reflect current-day challenges.

Here are a few photos of the hundreds of participants in the TRV 2016.

Building community

The Women’s Post office is a hub of activity, but unlike most media companies our work revolves around the stories we write and the charity work that our publisher, Sarah Thomson, is focused on at Civic Alliance and the Transit Alliance. Readers will notice that while we carry the usual fashion and passion stories we also write about city building – creating strong healthy communities. We believe that the future is shaped by the passion and commitment we put into building community and that each one of us has a duty to give back to the community. And we hope that you the reader can share in our passion.

This year the Transit Alliance is working on a series of seminars focused on educating our public servants at the municipal level with the goal in to update the entrenched procedures and processes that are no longer competitive or productive. The focus will be to share new ideas, and new ways to structure our large infrastructure projects in order to ensure efficiencies.

To that end our first seminar on Feb. 16, 2016 will involve a lot of terrific infrastructure leaders donating their times to moving our region forward. With the help of terrific leaders like Bert Clark, CEO of Infrastructure Ontario and Bruce McCuaig, CEO of Metrolinx who are both committed to building our communities. Tickets are available here.

The Transit Alliance will once again host the Toronto Region Vision Summit in April our goal is to develop a 50 year vision for the entire region. If you would like to take part early-bird tickets are now on sale here.

The Transit Alliance is also working on a series of education campaigns. Each campaign is focused on a key issue essential to unlocking gridlock and creating stronger and safer communities. The campaigns cover the need to fund infrastructure with user fees like tolls; the importance of the smart relief subway line; and updating our safety standards for road hardware and making our roads safer.  If you would like to help the Transit Alliance, or take part in our initiatives, please become a member here.

This year Civic Alliance will be focused on educating the public on the environment and the importance of lowering our carbon footprint in housing, as well as the use of electric vehicles.

We hope you enjoy the work we are doing and will join us in our effort to build a safer, stronger Greater Toronto and Hamilton Area.

Toronto Transit Alliance shortlisted for ‘Best Clean Capitalism Project of the Year’

The Transit Alliance, led by Women’s Post publisher Sarah Thomson along with Sarah Patterson, has been shortlisted for the Clean50 award for Best Clean Capitalism Project for the year.

The purpose of the Clean50, created by Delta Management Group, is “to identify and recognize 50 individuals (or small teams) who have made the greatest contributions to sustainable development or clean capitalism in Canada.”

The group allows the public to choose the winner from the shortlisted top fifteen projects on their website.

 

 

 

For more information on the the Transit Alliance check out UnlockGridlock.ca

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