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ION - Waterloo Region's Light Rail Transit
#52
A good investment 
Quote:According to the rapid transit implementation options report to regional council from February 2011, the bus rapid transit option would have been $702 million in capital costs. As everybody knows, the light rail transit option has $818 million in capital costs.


In other words, the extra cost for light rail transit is only $116 million, or less than 17 per cent. Yet according to Shortreed's article, light rail transit is a bad investment.

The "savings" in BRT are $116 million, assuming Queen's Park and Ottawa would contribute the same amount as for LRT. But if LRT gets killed there will be about $250 million in cancellation costs. 
Moreover this ignores the ongoing costs of LRT vs. BRT. The labour cost savings in having a single LRT driver vs. multiple bus drivers ought to make that an easy win for LRT.
The anti-LRT group, who claim to take their pro-BRT position out of some sense of fiscal responsibility, to explain their "logic."
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Messages In This Thread
RE: ION - Waterloo Region's Light Rail Transit - by ookpik - 10-18-2014, 11:43 AM
[No subject] - by Spokes - 08-28-2014, 04:16 PM

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