Cycling is Cost-Saving for Cities

Many cities around the world have profited from a simple discovery: increasing bikes on the road leads to lower costs for the city. In a recent NOW Magazine, former City Councillor Adam Giambrone calculated that in Toronto "[by shifting] even only 1 per cent of public transit rides (5 million of the 495 million rides the TTC carries every year) to cycling, we would save $4 to $5 million annually in operating costs." At present, only 2% of all trips are by bike in Toronto. To increase cycling, Giambrone recommends building more bike paths and bike lanes that extend out of the core to form a network, increasing the number of BIXI bike locations, and installing more bike parking.

Posted On: September 13, 2011