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PRESENTER
PAUL YOUNG CPA CGA
APRIL 20, 2022
How is Canada Transit doing in
Canada and the World
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
 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
 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
 Stats Canada - https://www150.statcan.gc.ca/n1/daily-quotidien/220420/dq220420d-
eng.htm
Large Urban Transit Stats
USA and Transit Ridership
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
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.
 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
 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
 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
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/
 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
 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
Urban Transit -
Canada - February 2022.pdf
In February, ridership on Canada's urban transit networks grew
sharply, reaching 78.6 million passenger trips, after experiencing a
one-month pause on account of the Omicron-fuelled COVID-
19 resurgence.
With the easing of restrictions in February, public transit ridership was
able to recover more than half (51.1%) of its pre-COVID-19 level from
February 2019—a marked improvement from January's 41.8%
recovery rate.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220420/dq220420d-eng.htm
Blog – Transit – What is next?
Edmonton transit
Sohi happy with $67M from Alberta, Ottawa for pandemic shortfall CTV News.pdf
Edmonton explores
parking fees, real estate investment, other tools to fund public transit Edmonton Journal.pdf
Toronto gets nasty
surprise on Operating and Maintenance Agreement for Eglinton LRT The Bay Observer.pdf
Ontario a step closer
to all-day, 2-way GO service to Greater Golden Horseshoe CBC News.pdf
Transit - Victoria.pdf FTA exploring ways
to use transit buses to generate power during natural disasters Mass Transit.pdf
TTC awards contracts
for up to 565 New Flyer buses Mass Transit.pdf
WA RiverCities
Transit ends diesel bus requirement as it shifts toward electric buses Mass Transit.pdf
The 9 Best Public
Transportation Systems in the World.pdf
2021-Q4-Ridership-A
PTA.pdf
Commuter Surveys
Show Hybrid Work is Here to Stay ICF.pdf
2022-provincial-electi
on-priorities.pdf
Federal, provincial
program for 'cash-strapped' transit systems approves more than $1.1 million for RMWB Grande Prairie Daily Herald Tribune.pdf
Source -
1. Transit funding issues - https://edmonton.ctvnews.ca/sohi-happy-with-67m-from-alberta-
ottawa-for-transit-pandemic-shortfall-1.5861480
2. Changes to transit funding model - https://edmontonjournal.com/news/local-news/edmonton-
explores-parking-fees-real-estate-investment-other-tools-to-fund-public-transit 
3. TTC - https://bayobserver.ca/2022/04/14/toronto-gets-nasty-surprise-on-operating-and-
maintenance-agreement-for-eglinton-lrt/

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How is Transit doing in Canada - March 2022.pptx

  • 1. PRESENTER PAUL YOUNG CPA CGA APRIL 20, 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/220420/dq220420d- 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 Urban Transit - Canada - February 2022.pdf In February, ridership on Canada's urban transit networks grew sharply, reaching 78.6 million passenger trips, after experiencing a one-month pause on account of the Omicron-fuelled COVID- 19 resurgence. With the easing of restrictions in February, public transit ridership was able to recover more than half (51.1%) of its pre-COVID-19 level from February 2019—a marked improvement from January's 41.8% recovery rate. Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220420/dq220420d-eng.htm Blog – Transit – What is next? Edmonton transit Sohi happy with $67M from Alberta, Ottawa for pandemic shortfall CTV News.pdf Edmonton explores parking fees, real estate investment, other tools to fund public transit Edmonton Journal.pdf Toronto gets nasty surprise on Operating and Maintenance Agreement for Eglinton LRT The Bay Observer.pdf Ontario a step closer to all-day, 2-way GO service to Greater Golden Horseshoe CBC News.pdf Transit - Victoria.pdf FTA exploring ways to use transit buses to generate power during natural disasters Mass Transit.pdf TTC awards contracts for up to 565 New Flyer buses Mass Transit.pdf WA RiverCities Transit ends diesel bus requirement as it shifts toward electric buses Mass Transit.pdf The 9 Best Public Transportation Systems in the World.pdf 2021-Q4-Ridership-A PTA.pdf Commuter Surveys Show Hybrid Work is Here to Stay ICF.pdf 2022-provincial-electi on-priorities.pdf Federal, provincial program for 'cash-strapped' transit systems approves more than $1.1 million for RMWB Grande Prairie Daily Herald Tribune.pdf Source - 1. Transit funding issues - https://edmonton.ctvnews.ca/sohi-happy-with-67m-from-alberta- ottawa-for-transit-pandemic-shortfall-1.5861480 2. Changes to transit funding model - https://edmontonjournal.com/news/local-news/edmonton- explores-parking-fees-real-estate-investment-other-tools-to-fund-public-transit 3. TTC - https://bayobserver.ca/2022/04/14/toronto-gets-nasty-surprise-on-operating-and- maintenance-agreement-for-eglinton-lrt/