Blog – Sector – Transit – Transit Analysis and Commentary for July 2023 In May, 120.8 million passenger trips were made on urban transit networks in Canada. This total represents over three-quarters (77.8%) of the May 2019 level, before the COVID-19 pandemic, the highest recovery rate to date. Ridership recovery continues Canada's urban transit networks recorded an estimated 120.8 million rides in May 2023, an increase of 26.0% (+24.9 million trips) from May 2022. This marks more than two years of consecutive monthly year-over-year increases. With activity and travel behaviour continuing to move toward historic patterns, ridership recovered to 77.8% of the pre-pandemic May 2019 level. While this was the highest rate of recovery since the pandemic, there were still 34.5 million fewer passenger trips in May 2023 compared with the same month in 2019. On a monthly basis before the pandemic, public transit ridership typically edged down from April to May. Meanwhile, May 2023 saw a 5.8% rise from April. Source - https://www150.statcan.gc.ca/n1/daily-quotidien/230719/dq230719d-eng.htm Additional sources and links: Transit funding - https://www.localgov.co.uk/Rural-bus-services-at-historic-low/56564 Green Transit spending - https://finance.yahoo.com/news/governments-canada-newfoundland-labrador-city-151500503.html ESG - https://www.nasdaq.com/articles/the-rise-of-esg-and-the-importance-of-esg-data Transit optimization - https://www.masstransitmag.com/technology/facilities/news/53066466/pa-cities-seek-solutions-as-bus-terminals-close-pushing-riders-to-the-curb Capital costs of net zero buses - https://www.theepochtimes.com/california-to-spend-150-million-to-electrify-school-buses_5407392.html Capital - https://fuelcellsworks.com/news/harnessing-hydrogen-electricity-wiltshires-stride-towards-green-public-transport/ Fire and buses - https://www.masstransitmag.com/safety-security/article/53066174/expert-insight-safety-priorities-when-implementing-zeroemissions-technology or https://www.essex-fire.gov.uk/news/essex-firefighters-adapt-new-hazards-electric-vehicle-fires

1. PRESENTER
PAUL YOUNG CPA CGA
SENIOR CUSTOMER SUCCESS MANAGER – DATA AND AI
JULY 19, 2023
How is Canada Transit doing in
Canada and the World

2. Paul Young CPA CGA
Senior Customer Success
Manager – Data and AI
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME - ESG and Sustainability Policy Development and
Reporting
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@outlook.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos

3.  Large Urban Transit / Monthly Trends
 Large Urban Transit / Annual Trends
 VIA Rail
 Capital Investment
 Mississauga Transit
 Transit and Audits
 Fleets
 Data, analytics, and Platform
 Summary
Agenda

4.  Transits are important to assist with moving people around from one location to another location
 There are issues facing transit including the subsidies that government provide to support transit
 Building more transit needs to include a proper risk management. There are routes being added
that lose moneys which means more government moneys is required to support those routes
 Transit needs to look at synergies including consolidation of transit systems within a geographic
area
 Govt need to bring back the non-refundable tax credit for Transit. This tax credit help the middle
class
 Liberal government killed the transit tax credit and then created a carbon tax rebate. The problem
is the next impact of the carbon tax will mean on average families will pay $1,000 more in carbon
taxes (ex of the rebate)
Summary

5.  Source – Stats Canada
Large Urban Transit Stats

6. USA and Transit Ridership

7. Source – Stats Canada
Transportation Equipment
• If transit purchased 400 new business a year then it would take 30 years to removed diesel buses from
their fleet

8. Transit Asset / Physical State

9. Source - https://media.viarail.ca/en/publications
VIA Rail The rail company wants to build a multibillion-dollar new network of dedicated
passenger-rail lines in Ontario and Quebec, so its trains would no longer have to yield to
freight trains on borrowed tracks
https://toronto.citynews.ca/video/2019/06/25/business-report-via-expected-to-
overhaul-corridor-between-windsor-quebec/
Facts:
1. VIA rail already gets a sizable grant from the government -
https://media.viarail.ca/en/publications (2017 In 2017 the total grants (operational
and capital funding) were approximately $354M
2. High speed rail has to be viable - https://www.cbc.ca/news/canada/london/high-
speed-rail-1.4915058 - There are other options to fund rail
3. High speed works in Asia to how the population is distributed –
http://www.globaltimes.cn/content/1149608.shtml
4. High speed rail has been a failure in EU - https://www.ft.com/content/e77dc48e-
7894-11e8-8e67-1e1a0846c475 or
https://www.euractiv.com/section/railways/news/eus-high-speed-rail-plan-is-
ineffective-unrealistic-say-auditors/
5. There are financing issues - https://asia.nikkei.com/Business/Business-
trends/Catalyst-or-catastrophe-Lessons-from-Asia-s-high-speed-rail-failures
Summary
The liberals never seem to do proper business cases as such throw money at winning
votes and not whether a project is either profitable or viable without direct government
subsidies.

10.  Green Buses - https://electricautonomy.ca/2020/10/01/federal-investment-zev-bus-charging/ - It
should be noted that over 82% of the power generation -
https://www.slideshare.net/paulyoungcga/report-electricity-analysis-canada-and-the-world-
238885441 . Many municipalities want to eliminate natural gas. Natural gas makes up 9% of the power
- https://www.slideshare.net/paulyoungcga/what-next-for-natural-gas -
https://www.kitchenertoday.com/local-news/kitchener-council-calls-on-province-to-phase-out-gas-
fired-power-production-2828118 - Kitchener has buses that run on natural gas or other fuels -
https://www.newswire.ca/news-releases/grand-river-transit-expands-brt-fleet-with-an-order-from-
new-flyer-665531563.html
 Transit budget shortfalls - https://www.cp24.com/news/city-to-face-1-5-billion-shortfall-in-2021-
budget-amid-unimaginable-financial-pressures-from-covid-19-report-1.5144626 or
https://www.cbc.ca/news/canada/manitoba/winnipeg-finances-transit-revenues-deficit-1.5755267
Transit

11. Source – 2018 -
https://www.industryweek.com/technology-
and-iiot/article/22025063/electric-buses-will-
take-over-half-the-worlds-fleet-by-2025
Fleet / Clean
Nearly half of the municipal buses on the road
worldwide will be electric within seven years, with
China expected to dominate the global market as it
aims to cut urban pollution and support domestic
manufacturers.
The total number of electric buses in service is
forecast to more than triple, from 386,000 last year
to about 1.2 million in 2025, equal to about 47% of
the worldwide city bus fleet, according to a report
from Bloomberg New Energy Finance (BNEF).
“China will lead this market, due to strong domestic
support and aggressive city-level targets,” wrote
Aleksandra O’Donovan, an analyst for BNEF and
author of the study.
Source - https://www.sustainable-bus.com/electric-
bus/electric-bus-public-transport-main-fleets-projects-
around-world/ or
https://autosphere.ca/fleet/2020/09/21/electric-buses-
growing-towards-a-50-percent-global-market-share/

12. Data, AI and Platform for Transit
Circular Economy - https://www.slideshare.net/paulyoungcga/what-is-the-circular-economy-and-how-can-data-and-ai-drive-outcomespptx-
257103318
DORA and CRA - https://www.linkedin.com/feed/update/urn:li:activity:7058747101412757504/
Blog - US cyber insurance premiums exceeded $7.2B last year - https://www.linkedin.com/posts/paul-young-055632b_us-cyber-insurance-
premiums-exceeded-72b-activity-7064931959386353664-Qvin?utm_source=share&utm_medium=member_desktop
ESG and Sustainability Reporting -
https://www.slideshare.net/paulyoungcga/introductory-to-esg-and-sustainability-reportingpptx-257524640
Data Management - https://www.slideshare.net/paulyoungcga/how-to-solve-data-management-isuses-for-both-the-private-and-public-
sectorspptx
Close, consolidate, and reporting - https://www.slideshare.net/paulyoungcga/close-consolidate-and-reporting-cyclepptx-256864692
Top Reporting Challenges - https://www.slideshare.net/paulyoungcga/top-reporting-challenges-facing-both-the-private-and-public-
sectorpptx
Data and AI - https://www.slideshare.net/paulyoungcga/leveraging-realtime-analytics-as-part-of-driving-data-and-ai-to-improve-business-
outcomespptx
Blog – Building the Business Model that include Circularity as part of moving to Net Zero - https://www.linkedin.com/posts/paul-young-
055632b_how-to-build-circularity-into-your-business-activity-7048291009599860736-
5RXv?utm_source=share&utm_medium=member_desktop

13.  Transit systems are heavily subsidized as such declining in ridership will force changes like reduction in routes or property
tax increases or other policy changes
 More and more investment by local governments into smarter cities -
https://www.ibm.com/smarterplanet/us/en/smarter_cities/solutions/human_solutions/
 More and more people are working remotely - https://www.businessinsider.com/companies-asking-employees-to-work-
from-home-due-to-coronavirus-2020
 Transit will need to adjust to new normal which could see a reduction in ridership as more people will work remotely -
https://www2.slideshare.net/paulyoungcga/new-normal-for-canada-and-the-world
 Uber and rural transit - https://www.straight.com/tech/could-uber-be-future-of-public-transit-in-rural-communities
 COVID19 - https://www.macleans.ca/society/all-the-ways-the-pandemic-could-change-cities-forever/
 Municipal shortfalls - https://www.masstransitmag.com/management/article/21209852/canada-to-invest-nearly-c15-
billion-in-transit-over-eight-years or https://www.hamilton.ca/government-information/news-centre/news-
releases/gtha-mayors-and-chairs-concerned-about-covid-19
What’s next
Blog – Sector – T
ransit – T
ransit Analysis and Commentary for July 2023
In May, 120.8 million passenger trips were made on urban transit networks in Canada. This total
represents over three-quarters (77.8%) of the May 2019 level, before the COVID-19 pandemic,
the highest recovery rate to date.
Ridership recovery continues
Canada's urban transit networks recorded an estimated 120.8 million rides in May 2023, an
increase of 26.0% (+24.9 million trips) from May 2022. This marks more than two years of
consecutive monthly year-over-year increases.
With activity and travel behaviour continuing to move toward historic patterns, ridership
recovered to 77.8% of the pre-pandemic May 2019 level. While this was the highest rate of
recovery since the pandemic, there were still 34.5 million fewer passenger trips in
May 2023 compared with the same month in 2019.
On a monthly basis before the pandemic, public transit ridership typically edged down from
April to May. Meanwhile, May 2023 saw a 5.8% rise from April.
Source - https://www150.statcan.gc.ca/n1/daily-quot
i dien/230719/dq230719d-eng.htm
Addit
i onal sources and links:
T
ransit funding - https://www
.localgov
.co.uk/Rural-bus-services-at-historic-low/56564
Green T
ransit spending - https://finance.yahoo.com/news/governments-canada-newfoundland-labrador-
city-151500503.html
ESG - https://www
.nasdaq.com/art
i cles/the-rise-of-esg-and-the-importance-of-esg-data
T
ransit opt
i mizat
i on - https://www
.masstransitmag.com/technology/facilit
i es/news/53066466/pa-cit
i es-
seek-solut
i ons-as-bus-terminals-close-pushing-riders-to-the-curb
Capital costs of net zero buses - https://www
.theepocht
i mes.com/california-to-spend-150-million-to-
electrify-school-buses_5407392.html