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Originally Posted by VancouverOfTheFuture
something people tend to forget is that the CoV cannot legally create a competing transit system. no city can. legally, only TransLink is allowed to run the transit system in their operating region.
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That's only relevant if the City intended to establish a transit organisation to run the streetcar without the agreement of the provincial government. Both TransLink and the City are regulated by the province, and if it was the opinion of the provincial government that it would be great for the City of Vancouver to get into the transportation business, then they can make any necessary legislative changes to allow that to happen.
I don't think the City has ever indicated that was what they wanted. The idea has always been that it should be part of the TransLink operation, with integrated fares. When Suzanne Anton made it part of her platform when she ran for mayor, she was suggesting a P3 like the Canada Line, for construction and running the streetcar.
That idea was never tested for viability because she lost the election, but the Canada Line history shows the provincial government ultimately decides how TransLink expands with new service.
Realistically, the City couldn't take on a billion dollar debt to build the system without provincial legislation either. Municipalities can't borrow unlimited funds, or operate with a deficit; the only time the City has had significant debt was when they bought the Olympic Village to ensure it was completed in time for the games. Provincial legislation had to be passed to allow them to take the debt on, and it was only allowed for that specific circumstance.