TORONTO—Toronto Mayor John Tory’s proposed toll plan for the Gardiner Expressway and the Don Valley Parkway (DVP) was supported by Toronto council Tuesday and is moving ahead.
In its final meeting of the year, Toronto council debated revenue tool options to fund road and transit projects in the city and voted overwhelmingly in favour of imposing road tolls on the city-owned highways.
A road toll of $2 would raise the City of Toronto more than $200 million every year, Tory stated when he announced the plan at the Toronto Region Board of Trade in September. That money would be dedicated exclusively to pay for the $33 billion in unfunded infrastructure and transit projects in the city.
While all the details are not yet known, a staff report on how the tolls will be structured and the technology that will be used is expected next year.
A final decision will not be made until next year and it needs approval by the provincial government.
If the tolls are approved, they could be phased in starting in 2019 and would be fully implemented by 2024.
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