Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Mahi Sall is the CEO & Founder of FinXpair, a Berlin-based strategic advisory boutique firm focu[...]
How to Enhance Road Safety in Toronto
Guest Post | Sep 24, 2022
Image: Freepik/user13560167
In a busy city like Toronto, it's crucial to implement a systematic approach to road safety. Many components contribute to road safety, such as successful construction, vehicle pathway, and driving practices. The Road & Highway Construction industry in Canada plays a significant role as the seventh-ranked construction industry by market size. Measured by revenue, the industry's market size will be $16.4 billion in 2022.
The road and highway construction industry is a crucial component of Canadian infrastructure, so it's essential for all roads and highways in Toronto and all other Canadian cities to be safe. How can road safety be enhanced in a busy city?
Work with a Reputable Construction Company
A dynamic construction company that brings a full spectrum of expertise will focus on nipping any road safety issues at its bud. This may include implementing a systematic approach during the pre- and post-construction phases. An experienced multi-trade construction company will use strong materials, a skilled workforce, and a detailed plan to ensure that the road they help build is safe in every aspect.
Create a Cohesive Roadmap
A roadmap is a visual representation of strategic plans that makes it easier for a company to execute their actions. Presenting this visual communication tool to all the stakeholders involved in Toronto's road safety construction and maintenance will ensure everyone is on the same page. The entire team will align on a single strategy, making implementing measures that can enhance road safety easier. This could include objectives, milestones, deliverables, resources, and a planned timeline.
Take Precautions for Accidents
Although road accidents are inevitable sometimes, you can take measures to reduce their occurrence or impact. Taking precautions for accidents can reduce the event's severity and allow passengers in cars or pedestrians to remain safe. This could include more prominent signs indicating the speed limit, encouraging vehicle owners to check their vehicles, and leaving ample space on the roadside that allow first responders to spot the accident area easily.
As well, an experienced construction company in Toronto will have a team of forward-thinking and innovative problem solvers capable of developing intelligent transportation systems (ITS). These systems improve traffic flow, and safety through new smart technologies.
Discourage Distracted Driving
Distracted driving is a common cause of accidents in Toronto. According to Canadian Automobile Association (CAA) statistics, distracted drivers are more likely to be in a crash or near crash event compared with non-distracted drivers.
See: How To Plan The Perfect Business Trip
It's important to discourage distracted driving to enhance road safety in Toronto and other cities in Canada. In addition to the signs on highways and fines administered, it can also be helpful to advertise the drawbacks of distracted driving. Visual content may catch the attention of drivers who ignore the consequences of distracted driving.
Increase Road Safety Awareness
Taking measures to increase road safety awareness in Toronto is crucial when attempting to enhance safety. This includes promoting the significance of hiring a reputable construction company to build roads, taking preventive measures to reduce accident impact and discouraging distracted driving. More people need to learn about the consequences of unsafe roads for Toronto to be a safer space for drivers, pedestrians, and workers.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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