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Mar 12

Making Headway: The TTC’s Capital Investment Priorities

Toronto ON, C.D. Howe Institute, 67 Yonge Street, Suite 300

Roundtable Luncheon with Rick Leary, CEO, Toronto Transit Commission

Sponsored by:

Fast approaching its 100th anniversary, the Toronto Transit Commission has grown into one of the most visible and vital public service organizations in the GTA. The TTC is a tremendous service with a tremendous responsibility, carrying well over half-a-billion riders annually. With its corporate and capital investments plans, the TTC is well-positioned to drive public transit into the new decade and beyond.

Rick Leary, Chief Executive Officer, Toronto Transit Commission

As the CEO of the Toronto Transit Commission, Rick Leary  oversees North America’s third largest system, delivering subway, streetcar, bus and para-transit services to Canada’s largest city. With an annual operating budget of $1.9 billion, two-thirds of which is recovered from the farebox, the highest farebox return ration in North America. Rick is also responsible for 15,000 employees and a 10-year capital budget of $6 billion.

As the Toronto region expands and grows, public transit is expanding and growing with it. Rick’s rich experience in public transit has him well-placed to oversee and lead this growth, having advanced through the ranks from his beginnings as a subway train attendant to eventually becoming the Chief Operating Officer at the Massachusetts Bay Transit Authority, the fifth largest and most multi-model transit system in North America. Prior to joining to the TTC in 2014 as Head of Service Delivery, Rick served as General Manager for York Region Transit/VIVA, just north of Toronto.

Rick holds a BA with a concentration in Transportation/Logistics as well as a Master’s Degree in Public Administration from Northeastern University in Boston. Rick is also a graduate of Harvard University’s Administration and Management graduate program.

 

 

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