To provide the expanded services and infrastructure identified in the 10-Year Vision, TransLink must find additional revenues through operational savings, with revenue from new sources, and/or with increases in existing sources.

TransLink is studying potential new sources to better understand the advantages, disadvantages, and possible application in the region. More detail is available in the following reports on specific sources that would provide additional revenue to support the growth and development of the transportation network, and diversify TransLink's revenue sources:

• Mobility pricing

• Development cost charges (DCC)

• Land value capture

The Phase Two Plan is an estimated $7.3 billion investment in regional transportation, before financing costs, with an unprecedented cost-share partnership with senior government. The Government of Canada committed $2 billion towards capital projects, and the Government of British Columbia committed $2.5 billion for their commitment to contribute 40% of the capital costs of Phase Two projects. The regional share includes modest and balanced changes to existing regional revenue sources such as transit fares, parking sales tax, property tax, and development cost charges.

The Phase One Plan is an estimated $2 billion investment in regional transportation, made possible through a partnership between all three levels of government. The Government of Canada committed $370 million and the Government of British Columbia committed $245 million to cost-share the new transportation investments in the Phase One Plan. Most of the regional share was contributed through TransLink and other regional government resources, such as borrowing, gas tax revenues allocated through the Greater Vancouver Regional Fund, fare revenues from increased transit ridership and the sale of surplus property.