Blog – What is happening with Transit across the Globe Transit across the globe continues to face many challenges including lower ridership as compared to pre-Covid Higher fuel costs are also causing issues with operation costs Cities need to do a better job of optimization of their transit systems There are lessons to be learned from LRT systems in Ottawa and Pittsburgh - https://www.autoevolution.com/news/pittsburgh-light-rail-t-the-most-useless-all-electric-rail-network-in-america-184378.html or Ottawa - https://www.autoevolution.com/news/pittsburgh-light-rail-t-the-most-useless-all-electric-rail-network-in-america-184378.html The new hybrid work model is causing many issues with the downtown cores of many cities around the globe

1. PRESENTER
PAUL YOUNG CPA CGA
MARCH 21, 2022
How is Canada Transit doing in
Canada and the World

2. Paul Young - Bio
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• 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@hotmail.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.  Stats Canada - https://www150.statcan.gc.ca/n1/daily-quotidien/220228/dq220228f-
eng.htm
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. 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.

9.  TTC “The COVID-19 pandemic has resulted in an 80 per cent drop in ridership and a loss of $90 million in
monthly revenue – money that is essential to sustain operations. In addition to the layoffs, the TTC has
also implemented the following cost-saving measures:” Source -
https://www.ttc.ca/News/2020/May/24_05_20NR_costsavings.jsp
 Go Transit “A massive drop in ridership has forced the temporary layoff of 196 Bombardier workers
assigned to GO Transit and UP Express, company spokesperson Annick Robinson says.“Regarding our
work in Ontario with Metrolink, we have, since the beginning of the health crisis, been able to keep our
team fully employed,” Robinson said in an email Thursday.” -
https://nationalpost.com/news/politics/covid-19-has-transit-services-pleading-for-money-from-federal-
government-as-fare-boxes-run-empty or https://torontosun.com/news/local-news/huge-ridership-drop-
prompts-layoffs-at-go-transit-up-express
 Transit buses expansion - https://www.newswire.ca/news-releases/canada-and-ontario-invest-in-public-
transit-and-active-transportation-infrastructure-for-southwestern-ontario-residents-822839237.html
 Brampton Transit - https://canada.constructconnect.com/dcn/news/government/2020/08/brampton-
receives-funding-to-upgrade-transit-system
COVID 19 Transit

10.  Money for Transit - https://news.ontario.ca/opo/en/2020/7/historic-agreement-
delivers-up-to-4-billion-to-support-municipalities-and-transit.html
 Emergency funding - https://www.atu.org/media/releases/atu-applauds-emergency-
funding-for-ontarios-transit-systems-encourages-other-provinces-to-make-the-same-
commitment
 https://fcm.ca/en/news-media/news-release/fcm-statement-the-2021-federal-budget
“"Growing the Disaster Mitigation and Adaptation Fund”
Funding / Transit

11.  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

12. 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/

13.  Financial Planning and Analysis - https://ibm.box.com/s/0fg1f62zrtjmvcwicu1bm6u6emwkle88
 Close, consolidate, and reporting - https://ibm.box.com/s/i7efp948qvb5l8bt96y8sigsup8yes2u
 Analytics and Reporting - https://ibm.box.com/s/fh9cns7sk3ffwhsqhazqpndz1kj3mqbk
 Risk and Fraud - https://ibm.box.com/s/noi1j6ixzl6ralxkm4g0zzs911wf6s76
 CloudPak for Data - https://www.zdnet.com/article/ibm-takes-the-next-step-with-cloud-pak-for-data/
 Asset management - https://www.ibm.com/business-operations/enterprise-asset-management
Data, AI and Platform for Transit

14.  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 – What is happening with Transit across the Globe
Urban Transit and
Ridership.pdf
Pressure rises for
commuters as pandemic redraws transit map - Transportation Business in Vancouver.pdf
NJ Transit Sees $550
Million Shortfall When Covid Aid Wanes - Bloomberg.pdf
How to Optimize
Your Paratransit and Microtransit Fleet.pdf
How Will AI Impact
Transportation To Move Faster In Future by Sophia Tondon Geek Culture Mar, 2022 Medium.pdf
Electric Bus Market to
hit US$ 75 billion by 2028, Says.pdf
Pittsburgh Light Rail
(T) The Most Useless All-Electric Rail Network in America - autoevolution.pdf
Commuters
rethinking the return to office as gas prices hit record highs - National Globalnews.ca.pdf
Hybrid Work Could
Improve Downtown Spaces - The Atlantic.pdf
US Are Mobility Hubs
the Future of Urban Transportation Mass Transit.pdf
Silicon Valley transit
agency looks to housing for future growth.pdf
The future of
Ottawa’s transit after the light rail… The Monitor.pdf
Sky-high fuel prices
won’t lead to fare increases GTA transit agencies Globalnews.ca.pdf
1. Redrawing transit maps - https://biv.com/article/2022/03/pressure-rises-commuters-pandemic-
redraws-transit-map
2. NJ Transit - https://www.bloomberg.com/news/articles/2022-03-14/nj-transit-sees-550-million-
shortfall-when-covid-aid-declines
3. Optimization of Transit - https://sparelabs.com/en/blog/optimize-paratransit-microtransit-fleet/
4. Transportation and AI - https://medium.com/geekculture/how-will-ai-impact-transportation-to-
move-faster-in-future-495849fe4504
5. Buses - https://www.globenewswire.com/news-release/2022/03/21/2406386/0/en/Electric-
Bus-Market-to-hit-US-75-billion-by-2028-Says-Global-Market-Insights-Inc.html
6. Light rail - https://www.autoevolution.com/news/pittsburgh-light-rail-t-the-most-useless-all-
electric-rail-network-in-america-184378.html
7. Hybrid work force - https://globalnews.ca/news/8681838/commute-cycling-gas-prices-public-
transit-hybrid-work/
8. Downtown needs to change - https://www.theatlantic.com/ideas/archive/2022/03/hybrid-
remote-work-office-space/627060/
9. Future of Transit - https://www.masstransitmag.com/technology/facilities/news/21260892/us-
are-mobility-hubs-the-future-of-urban-transportation
10. Future of transit - https://sanjosespotlight.com/silicon-valley-vta-bets-big-on-housing-in-santa-
clara-county-real-estate-transportation-transit-development/
11. Light rail - https://monitormag.ca/articles/the-future-of-ottawas-transit-after-the-light-rail-
debacle
12. Fuel - https://globalnews.ca/news/8692723/toronto-transit-fares-gas-prices/