Quote:
Originally Posted by djmk
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A couple of things:
Is the $55 million expected revenue calculated in current dollars? If so, then over 30 years, at $2.50 (current prices) a trip, would require 22 million one-way trips to the airport.
This amounts to 733,333 one-way trips per year, and 2009 (approrpriately enough) per day--seven days a week.
So, if the Canada Line serves 100,000 passengers daily, then it would require 2.009% of the passengers paying the add-fare. Of course, as ridership increases, the total percentage of passengers needing to pay the add-fare decreases.
Feasible? Now, on the other hand, if the $55 million in non-inflation adjusted money, then it will be no problem as an average inflation rate of 2.2% over the 30 years mean that the price of the add-on will be $5.00 by the 30th year.