Moving Toronto-Ontario transit agreement forward

Toronto City Hall (Global Korean Post photo)

 

Moving Toronto-Ontario transit agreement forward

 

Nov. 1, 2019

Global Korean Post

 

Toronto City Council voted on Oct. 29 to move forward with transit expansion with the Government of Ontario.

This vote allows City staff to negotiate and enter into agreements with the Province of Ontario on future transit projects for Toronto. Now, with Council’s support, City and TTC staff will work with the Province to advance the Ontario Line, a three-stop Line 2 East Extension further into Scarborough, the Eglinton West LRT, and the Yonge North Subway Extension.

The key elements of the arrangement between the City and Province include:

• the City retains ownership of the existing subway network
• TTC retains operations of the transit network
• funding from the Province, with the help of the federal government, for almost $30 billion in transit expansion projects
• the City’s $5 billion – the funding that would have been Toronto’s required share of expansion funds – will go towards state of good repair for the existing transit system and other city priority transit projects like the Eglinton East LRT and Waterfront transit
• the Province and the City agree to work together to get the four projects built as quickly as possible
• costs the City has incurred planning transit up to this point will be covered by the Province along with staff costs incurred in building out the new lines
• the Province will cover any cost overruns of its four priority projects
• a commitment to work together as partners to address local issues along these routes so that neighbourhoods are protected and residents listened to when they raise concerns

 

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