Toronto council voted 32 to 9 in favour of Mayor John Tory’s move to implement road tolls on the Gardiner Expressway and Don Valley Parkway Tuesday night.
Revenue generated from the tolls will be put back into maintenance for the roadways and used to fund a series of approved but unfunded transportation projects.
“We are now, I think, on the verge, in the next few minutes, to at least begin to make a solid start on answering the question: How are we going to pay for the transit that we so badly need, to fix the traffic and to make sure the economy stays strong?” Tory said Tuesday before council voted.
“I made an honest choice after careful consideration, an honest choice. Because the dishonest choice is to say, let’s just do nothing and hope for the best.”
Details on how the tolls will be introduced and the technology that will be in place are expected to arrive in 2017.
In addition to approving tolls on two of the city’s major roadways, council will examine the potential of increased taxes on hotel accommodations and short-term rentals like Airbnb.