Stop the Privatization of the TTC

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. 

Sponsor

Scarborough Transit Action

Links


Discussion

No comments yet.

join the discussion

Recent signatures

  • username

    David Reid

    1 month ago Comments: -
  • username

    Deborah Gilchrist

    6 months ago Comments: -
  • username

    Sarah Climenhaga, Canada

    2 years ago Comments: I am totally opposed to privatizing new LRT's and giving public money to a private consortium. This is in no way in favour of public transit or the public interest.
See more

Petition highlights

There are no highlights yet.