Tuesday, October 11, 2011

Montreal - #transit investment pays big dividends

FOR THE RECORD: Fund transport and boost the economy | iPolitics: "For over 150 years, public transit has been instrumental to Montreal’s economic development, boosting productivity and economic activity for the region’s businesses and agencies. With over 1.2 million trips daily, the STM helps Montrealers commute to work, attend school and patronize businesses.

Public transit also helps reduce road congestion, which each year costs Metropolitan Montreal $1.4 billion, or 1% of Montreal’s GDP. Less road congestion means reduced travel times for all Montrealers, including non-riders. Each public transit user means one less car on the roads, thereby cutting down travel time for goods and people (BTMM, 2010)."

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