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Study suggests financial case for bike lanes

Bike lanes come with their share of claims and controversies; beloved by some and bemoaned by others.

With bike month being marked through June, and recent bike lane announcements in Canadian cities, a review of academic and business research suggests five key economic benefits associated with bike lanes in urban centres.

The research is focused on cities with existing bike lane networks and does not cover the impact of reduced lanes for drivers or examine bike lanes in suburban settings, where bike commuting is less common.

While hailed for keeping cyclists safe, the cost of installing protected bike lanes, their location and their impact on businesses remain contested topics.

Beyond claims about safety, health care costs and environmental benefits made in favour of cycling infrastructure, supporters are leveraging financial arguments to support the business case for bike lanes.

Source: CBC