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Title

Good Jobs, Clean Skies: Economic Growth and Greenhouse Gas Reduction in the Mayors' Council Transit Plan

Description

The report examines the potential economic and climate impacts of the Mayors’ Council Regional Transit Plan, which calls for an investment of $7.5 billion over the next ten years in the Vancouver Tri-City area. The analysis forecasts 26,322 person years of new direct employment, 43,800 person years of total employment, $2.96 billion in wages, and $4.48 billion toward GDP in Metro Vancouver over its 10 year life span. Additionally, the area would experience an 8.2% decrease in greenhouse gas emissions from transport, versus a business as usual approach, and the plan would save more than $1 billion in traffic congestion costs. By improving by 7% the number of jobs accessible by transit, the Plan would support targets for livability, growth, and location of employment.

Identifier (PID)

yul:576664