The number of drivers taking the tolled Port Mann Bridge steadily declined last year, as the Crown corporation’s debt continues to swell to a projected $3.61 billion this year.
Once it gets to $3.75, it’ll be half the capital costs of all the projects proposed by the Mayors – everything from a Broadway subway to a new Pattullo Bridge.
Not to worry. “Government insists it will pick up this year”
Considering traffic volumes, economic and population factors, including a million people coming to the region in the next twenty years, TI Corp. estimates long-term traffic growth on the Port Mann Bridge will grow at a rate of approximately 2.5 per year. It’s also counting on drivers tiring of long commutes to take alternate bridges, and coming back to the Port Mann.
The corporation has said it won’t increase tolls beyond the rate of…
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