It is just a plan and any value depends on what is ultimately implemented, but I think it is much better than the narrow project-specific studies that regional council has tended to work off of in the past. Because there is an accounting of regional demand and impact it's also easier to avoid going down the "what about Sheet Harbour?" rabbit hole.
The basic idea seems to be to pursue commuter rail and upgrade the bus network with priority corridors. Some thought is given to integration with pedestrian access, ferries, and bike routes. The focus is mostly on the urban core and suburban areas where transit can be viable.
Map: