1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar

Mayor Tory to announce road tolls coming to DVP and Gardiner

news staff | posted Thursday, Nov 24th, 2016

CTCN_WEB_GARDINER_FUTURE_2015MAY06-00012910

If you drive into and out of the city on the DVP or Gardiner, get ready to open up your wallet.

According to sources at City Hall, Mayor John Tory is set to introduce a plan to implement road tolls on the two highly used expressways.

The mayor will announce that he supports road tolls in a lunch hour speech at the Toronto Region Board of Trade on Thursday. The money raised from the tolls will go towards building transit and other infrastructure projects.

The move is one supported by the city’s chief planner.

The city expects to raise between $150- to $200-million through road tolls, which would be set at $2.

Tory is also going to come out against the sale of Toronto Hydro, citing concerns about unanswered questions such a sale would have on hydro rates. Instead, the mayor will announce that the city will invest up to $250-million in the utility to assist with their capital and infrastructure needs.

The mayor is also going to call for a mandatory Hotel Tax to be applied evenly to all hotels and online accommodations, including Airbnb. As well, Tory will call for an end to the city’s Vacant Unit Property Tax Rebate, which could save the city as much as $20-million.

Comments

  • No comments have been left yet, get the conversation started!

Leave a Comment Below

Sign in to comment.

All fields are required.

Want to embed media into your comment? Just paste in a URL in a separate paragraph to the page where you would normally view the media (like on YouTube) and it will automatically be embedded into your comment.