If Toronto city council approves the mayor's plan to implement tolls on two highways, it would make Toronto the first Canadian municipality to do so. London's congestion charge is the most familiar example. As of 2014, the congestion charge had brought in £1.2 billion ($2 billion Cdn), which has been reinvested in transit and roads. Cities have three streams of revenue, Carlton said: property taxes, user fees and transfers from federal and provincial governments. Because road tolls are a new approach for a city, Carlton expects other mayors to be watching Toronto's decision closely.

Source: CBC News November 25, 2016 01:42 UTC