Yes, of course it would. Shouldn't even be posed as a question. NYC only adds to a mountain of evidence that shows (de)congestion pricing is effective.
Reposted from Toronto Star
New York City congestion toll sees 43K fewer cars per day in Manhattan. Would a similar charge help Toronto traffic?

One week into implementation, total traffic in the tolling zone dropped by 7.5 per cent compared to the equivalent period last year.

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