TTC’s Line 2 Subway to be replaced with new cars
Dec. 03, 2024
Global Korean Post
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The current 30-year-old Line 2 trains are nearing the end of their expected life, which would significantly increase costs to maintain safety if they continue in operation.
Line 2 needs new subway cars to maintain existing service and expand to meet growing capacity needs. Investing in 55 new subway cars will help Torontonians get around quickly, affordably, and reliably.
In Toronto on November 29, Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that the Toronto Transit Commission (TTC) will receive nearly $1.2 billion over the next decade through the Baseline stream of the new Canada Public Transit Fund. She was joined by Peter Bethlenfalvy, the Minister of Finance of Ontario, Prabmeet Sarkaria, the Minister of Transport of Ontario, and Her Worship Olivia Chow, Mayor of Toronto.
The Canada Public Transit Fund is the largest public transit investment in Canadian history with $3 billion in annual federal funding provided to communities across the country.
The Ontario government is investing $758 million to help the TTC purchase 55 new trains for Toronto’s Line 2 subway. This investment is a result of the New Deal for Toronto, which was reached one year ago, and was conditional on the federal government meeting its financial commitment to support this critical public transit project.
The New Deal for Toronto includes up to $1.2 billion in provincial support for public transit, including $330 million over three years in operating funding for the Eglinton Crosstown LRT and the Finch West LRT, and $300 million in one-time funding for subways and transit safety, recovery and sustainability.
The City of Toronto will use $758 million of this new funding to support new subway cars for the TTC’s Line 2, which is a 26-kilometre subway line connecting residents from Etobicoke to Scarborough.
