Leading Mobility released a new report called "This is the End of the Line," warning that transit agencies across Canada will have to implement other revenue tools to maintain existing transit service without increased funding from provincial and federal governments.
"Based on the operating revenue shortfall identified in this study, a Vehicle Levy would likely generate moderate revenue for OC Transpo," the report says. "A Vehicle Levy would add minor cost pressures on drivers while also raising transit revenue that could be used to increase service levels," the report says, adding Ottawa could implement a levy targeting a specific type of vehicle such as large SUVs or a light pickup truck.
According to the report, an off-street parking space levy of $50 could generate $101.7 million a year in revenue for OC Transpo. The report also recommends Toronto implement a non-residential off-street parking levy and Montreal impose a Vehicle Kilometres Travelled Tax, which would charge road users directly for congestion and roadway costs.
WestJet Airlines plans to launch a new cheaper fare category that would be available to travellers willing to fly without a carry-on bag. The Women's National Basketball Association has officially announced that it’s expanding north of the border with a first-ever Canadian team in Toronto.Witnessing a potential tornado was 'surreal' for residents who caught a glimpse of the damaging storm in southern Ontario on Wednesday night.A man has died and another male victim remains in hospital in critical condition following a double shooting at a school parking lot in Mississauga late Wednesday night.
Several business owners at Edmonton's Westmount Shopping Centre say they've been given only 30-days notice to find a new location.The Dallas Stars have a committed, well-balanced attack heading into Thursday's Western Conference final opener against Connor McDavid, Leon Draisaitl and the high-flying Edmonton Oilers.