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Economic benefits of integrating cycling |
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Commuting by bicycle instead of by car can save you between $5,700 and $8,700 each year!
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Save money on the costs of parking and insurance.
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Employees who cycle are healthier and happier.
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Attract the business of Toronto's 939,000 cyclists over the age of 15.
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Save on long-term costs of smog, healthcare, traffic congestion, per capita road expenditures, climate change, and acid rain.
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Individuals save between $5,700 and $8,700 - more for those who forego the purchase of a new car - by commuting by bicycle instead of by car.
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The average car-operating cost in Canada is estimated at between $6,000 and $9,000 per year ($15,000 for the first four years of owning a new, full-sized car).
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Congestion costs $1 billion each year in Toronto.
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The presence of heavy traffic in Paris is thought to be responsible for an aggregate loss of $20 billion in property values up to 1995.
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In auto-dependent US cities, per capita road expenditure is $264. Less dependent European cities spend $135, while some Asian cities spend as little as $88.

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