The Sweetheart Deal or ...
Thank you Canadian taxpayers
The difference, $1,708.70 or $24.41 per passenger, is money lost to the TPA since they don’t match Pearson’s charges. Should they? Based on the claim of downtown airport convenience and the much-touted $50 cab ride savings to Pearson, the TCCA passenger is getting off pretty lightly by comparison, $74.41 lightly, for those taking the free shuttle.
For each $24.41 a passenger saves, the TPA will look elsewhere to make up its loss. Sadly the elsewhere is the taxpayer as this story details http://www.insidetoronto.com/news/cityhall/article/217647--ttc-toronto-port-authority-reach-deal-on-land-for-light-rail-vehicle-storage.
In 2008, the TCCA claimed 508,574 passengers http://dcnonl.com/article/id36496. Assuming 95% flew on Q400s, the per-passenger subsidy cost the TCCA $11,793,569 last year.
On November 25, Transport Minister John Baird announced that Canadian taxpayers would be spending $893,750 for safety improvements to the airport http://www.marketwire.com/press-release/Transport-Canada-1082010.html. That’s $893,750 the TPA could easily afford if it wasn’t subsidizing Q400 passengers.
Bob Kotyk

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