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Status: Closed — this petition is no longer accepting signatures.

Stop the Privatization of the TTC

Stop the Privatization of the TTC

Closed — 29 supporters Verified

Final supporters

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Eleanor B.
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David R.
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Deborah G.
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Sarah C.
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Lorraine M.
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Lou I.
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Someone
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Someone
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Someone
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Enrique R.
+19 more
Started by Anonymous 13 years, 9 months ago
The Ontario government wants to use a public private partnership (P3) to build four new Light Rapid Transit lines in Toronto. They plan to give the $8.4B for this project to a private multinational consortium. A multinational consortium will put their private interests ahead of accessibility and affordability for Toronto transit users. 


The Canada Line in Vancouver was built using a P3 and costs rose $500 million above the original estimate of $1.5B. Even with the added $500 million in costs, transit users ended up with three fewer stations. They must also make up for $21 million in "lost revenue" because the private operator exaggerated their ridership projections. 


Our publicly accountable TTC has fifty years experience building and operating transit lines. Any extra revenue they make goes back to the City, not toward private profit. We can't afford to privatize new LRT's in Toronto. 

4 Comments

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Sarah Nkemelu
13 years ago Featured

RIDICULOUS. Why are we handing our tax dollars to private companies that dont even care about us. leave the ttc alone!!

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Mark Barnes
13 years ago Featured

the city can handle this fine without corporate interference. stop selling off our infrastructure

D
Dave Navarro
13 years ago Featured

Keep public transit public. We dont need some multinational company jacking up the fares just to line their pockets.

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Eleanor Batchelder
10 years ago

Let's keep the profits and use them to improve services!

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