Absolutely, and thank you, again, Mr. Braid, for the opportunity to join you and your colleagues.
I'll look at it, really, from two fronts: some general comments, and then specifically in terms of the two-way all-day GO transit proposal I spoke of.
From a general front, we know that investments in infrastructure are key for both job growth and sustainable economic development. As an example, coming right from the Conference Board of Canada, we know that every dollar invested in infrastructure generates $1.20 in annual GDP growth. We think that is very positive and demonstrates how the government, how the nation, can benefit from these investments. We saw that, quite frankly, during the economic stimulus program that the late Minister Flaherty brought forward, which helped us see some progress on that front and put Canadians to work.
We also know anecdotally that by improving our road infrastructure and so on we're going to keep people and goods moving, which ultimately adds to quality of life and improves the economy as well.
When I look specifically, for example, at the two-way all-day GO proposal I spoke of in my presentation, there are a number of examples of economic growth attached to that. Part of our proposal is based on looking at the San Francisco to San Jose geography, which essentially has a population of 4.3 million and almost 400,000 tech workers, and comparing it to the Toronto to Waterloo region what we're calling the tech supercorridor, which has a population of 6.2 million but only 205,000 tech workers. By looking at how we grow that area, we believe that we can ultimately connect up to 13,000 companies, attract 3,000 innovation start-ups, and create 40,000 new jobs in the innovation sector, which will ultimately generate another $547 million in annual personal income taxes for provincial and federal governments. That kind of economic growth and all its spinoffs, obviously, would be significant for both Ontario and the country.