Metro Vancouver should implement a road pricing strategy to combat traffic congestion, according to a report released today by the B.C. Business Council.
The concept of road pricing has worked elsewhere and should be seriously considered here, according to the council, which is calling for a pilot project and consultation on the concept.
Road pricing can include:
- Distance based pricing: the more you drive, the more you pay.
- Area-based pricing, such as charging motorists to enter areas like Vancouver's downtown core.
- Tolling of roads and bridges.
According to the report, traffic congestion continues to worsen despite the fact municipalities in Metro Vancouver have increased per capita spending on transportation by 34 per cent since 2000.
It goes on to say reducing congestion on our roads will boost employment, improve air quality and reduce the cost of goods transported by truck.
The provincial government is still negotiating the terms of a referendum with Metro Vancouver mayors that will determine how TransLink's infrastructure will be funded.
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