Assets in this category include the following:
• Rapid transit systems, light rail transit systems and subways, including track, rolling stock, stations, service facilities and parking facilities;
• Buses - including dedicated lanes, rolling stock, stations, service facilities and park-and-ride facilities; and
• Trams - including tracks, rolling stock, stations, service facilities and park-and-ride facilities.
The 1996 FCM-McGill survey included an average cost needed to upgrade transit infrastructure facilities of $103 per capita or a deficit of $3.05 billion. The 2007 results show that $22.8 billion are needed for existing infrastructure and $7.7 billion are needed for new transit infrastructure.