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Title
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Good Jobs, Clean Skies: Economic Growth and Greenhouse Gas Reduction in the Mayors' Council Transit Plan
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Description
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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.
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Identifier (PID)
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yul:576664