LRT Investment is the Right Choice
As most people have heard, two weeks ago Prime Minister Harper announced Federal funding for Waterloo Region’s Rapid Transit project. The amount is 1/3 of project costs, up to $265 million, for the first phase of light rail (LRT) and express bus line. But the conversation in local media and by many municipal candidates has shifted to the so-called shortfall. That, horror of horrors, the lower-tier municipality would have to contribute a portion (around $235 million, or less than 1/3) of the capital costs of a long-term transit and growth management project. This post addresses several common themes in objections to funding light rail.
From seeing some discussion of the LRT, you would think this is something that would be built for today’s needs. Infrastructure, however, can’t be built overnight, and can’t influence much until it is built. But while the project would be a well-used part of a transit system on opening day, the larger purpose is to manage future growth of the Region. The area continues to grow rapidly, and is to add 200,000 to its existing half-million population. LRT is about building the transportation infrastructure that will attract development to the urban core areas and that will be able to handle the resulting travel demand. Failing to do this would result in major development occurring on greenfield sites and pressure to push out the urban boundary to accommodate more sprawl. The costs of the road widening and other infrastructure needed to support that sprawl are far higher than the costs of the LRT system. Avoiding building any new transportation infrastructure will result in serious traffic congestion and lost economic productivity in the Region. (more…)