Gridlock in Toronto already costs the region $6 billion a year, with average commute times of 80

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Gridlock in Toronto already costs the region $6 billion a year, with average commute times of 80 minutes, among the highest in North America. By 2031, commute times will increase by 27 minutes. Civic leaders are looking at the options: road tolls, a regional gas tax, and parking levies.

With road tolls, a regional gas tax, and parking levies would Toronto roads become less congested? If the new charges cut commute times, would the Toronto road system be more efficient? Explain your answers.

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Foundations Of Microeconomics

ISBN: 9780133477108

7th Edition

Authors: Robin Bade, Michael Parkin

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