Traffic congestion in the Greater Toronto and Hamilton Area (GTHA) continues to increase despite unprecedented funding of regional and local transit. With its majority win at the polls in June 2014, the Liberal government has promised to invest another $15 billion over the next 10 years so the GTHA can catch up to other world-class cities.  While this new money derived from general and “re-purposed” taxes is very welcome, Canadian and international studies demonstrate that, in the absence of comprehensive mobility pricing policies, new transit and road capacity induce more travel which ultimately leads to more gridlock.