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Stock impact report

Could Tech Transform Public Transit Use To Lower Congestion In Canada? [Forbes]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Forbes
A recent Canadian Centre for Economic Analysis has found that gridlock costs the national economy C$12.8 billion annually, with C$10.1 billion of that burden concentrated in the Greater Toronto and Hamilton Area (GTHA). Including social impacts such as stress and health problems, the province of Ontario's total congestion cost rises to C$56.4 billion annually (Table 1). Table 1: Impacts of Congestion in the GTHA and Ontario The problem extends beyond Ontario. Vancouver, for example, is among North America's most congested cities, with commuters losing an average of annually to traffic delays. These delays not only erode productivity but also exacerbate air pollution. Health Canada that, each year, traffic-related air pollution contributes to 1,200 premature deaths and costs the economy $9.5 billion in healthcare expenses across Canada. Transportation is Canada's source of GHG emissions, accounting for 22% of total national emissions. Road transportation dominates this figure, and Show less Read more
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