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Report

The Price of Progress: Enabling the Delivery of Critical Transit Infrastructure

There are currently over $80 billion in transit projects underway in the Toronto Region—the largest expansion in our history. These are projects that our region desperately needs, and we will need to build even more in the decades ahead if we’re to address our critical congestion challenges and ensure that ours is a region where people and goods can move freely.

We can’t afford to get transit wrong. In the aftermath of high-profile projects that have faced delayed openings and soaring budgets, we need to ensure we’re learning lessons and addressing past mistakes.

This report examines past projects, highlights global best practices, and outlines five key recommendations designed to manage expenses and accelerate project delivery.

We have an opportunity to ensure that we’re delivering the greatest possible benefits for the money we spend. In doing so we can get back on track and ensure we maintain the public confidence required to build the transit network we need for the future.

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The Toronto Region Board of Trade has been presenting a comprehensive strategy for building an integrated, globally competitive transit system across the Toronto region. The Price of Progress is the fourth in a series of reports which provides actionable recommendations to address our mobility challenges.