Economic Impact

The Lakeshore East GO train extension:

• Will create economic benefits satisfying the Province's priority of creating and protecting jobs for Ontarians
• Enables local investment, job creation, business attraction, expansion and retention, ensuring the long-term economic health of the Durham Region
• Has strong local support
• Aligns with Provincial policy

The implementation of the GO Extension would address Metrolinx's identified challenges of:

• population growth
• disconnected transit
• traffic congestion
• economic competitiveness
• demands/needs of an aging population
• urbanization and urban sprawl

The 2016 Economic Impact Analysis showed that the GO Extension would generate $1.1 billion in transit-oriented, walkable urban development. It showed the extension would enable:

• 21,000 permanent new jobs
• 6,000 person years in construction employment
• Construction of 6,000 new homes within walking distance of a GO station
• $70 million in annual savings for residents related to time, vehicle costs and improved road safety
• 50 million kilometres a year reduction in private vehicle use, reducing CO² emissions

Resources

• Economic Impact Analysis
• Executive Report

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