VANCOUVER, B.C. - TransLink is moving ahead with a plan that will see $1.9 billion injected into Greater Vancouver Regional District's (GVRDs) roads, bridges and public transit system.The spending was...
VANCOUVER, B.C. – TransLink is moving ahead with a plan that will see $1.9 billion injected into Greater Vancouver Regional District’s (GVRDs) roads, bridges and public transit system.
The spending was approved recently, as was the method of raising the funds through higher transit fares, a new parking fee and increased property taxes. TransLink is expecting to raise about $100 million per year through the new fees and tax increases.
“We have parts of the plan that people don’t like and we need to work with those people as we go over the next few years…to listen to their concerns,” said TransLink chairman, Doug McCallum. “I think it’s a historic day for transportation in our region, that we’re going to move ahead now.”
Roads will be a major benefactor of the new spending, with about $105 million earmarked for major roads in the Vancouver region. Minor roads will see $60 million in improvements. n
Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry. All posts by Truck News