The Board appreciates the opportunity to provide advice to the House of Commons Standing Committee on Finance on the direction of the 2016 Federal Budget. [...] Toronto region drivers currently spend the equivalent of 40 days a year behind the wheel.9 While reduced congestion would directly benefit the region’s 670,000 daily commuters (drivers and transit users), the greatest benefit would be to our region’s economy.10 Studies by the Board and the C. [...] However, to ensure the Government maximizes the social and economic return on its investments, the Board strongly encourages the Government to allocate funding available through the Building Canada Plan and the Public Transit Fund to improve transportation infrastructure across urban centres, like the 5 2016 Federal Pre-Budget Submission ◾ August 2015 Toronto region. [...] For instance, the Board led a discussion in 2014 around closing the region’s prosperity gap and improving the distribution of employment opportunities for the region’s youth and newcomers. [...] Through the research it conducted in collaboration with the United Way of Toronto, the Board examined trends that have eroded the quality and availability of employment opportunities across the region.
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