Posted on February 15, 2014
Victoria stands firm on keeping Port Mann’s meagre and declining revenue
Transportation Minister Todd Stone was understandably emphatic yesterday, after meeting with the Translink Mayor’s Council, that Victoria is determined to keep existing provincial toll revenue for itself, although willing to consider new road pricing options for transit like a vehicle levy.
But this recent analysis by Seattle sustainability expert Clark Williams-Derry suggests the Mayors may not have lost much in the argument. Port Mann traffic forecasts have been wrong for a decade as trips over the bridge, now the widest in the world, fail to increase. In fact, they’re falling.
Yes, Victoria says, revenue is down, but is certain to rise! In any case, they’re keeping all of it.