Tag Archives: cash

Ford’s transportation deal with province

City and province to make joint transit announcement
It’ll include Ford’s privately-funded Sheppard subway plan
Plus provincial cash for Eglinton and Scarborough LRTs
Kris Scheuer
(Written for Town Crier March 30. March 31 UPDATE.)

Mayor Rob Ford's plan includes $4 billion in private sector cash to build a Sheppard subway. Town Crier file photo.

The city and province are both climbing aboard a new transportation deal that will be unveiled tomorrow morning.
TTC chair Karen Stintz confirmed on March 30 that the provincial government, its transportation agency Metrolinx and the city are moving full steam ahead with the plan outlined by Mayor Rob Ford.
“We have an agreement that will see major transit expansion in the City of Toronto,” Stintz told the media at an impromptu press conference this afternoon. “It is a real win for both the city and the province and I am really excited about the announcement tomorrow.”
That announcement to take place at the TTC’s Wilson yards at 9 a.m. on March 31 will be to confirm the province is still committed to its original investment of about $8.4 billion.
The provincial cash will be spent on a fully underground and expanded Eglinton LRT and to turn the Scarborough RT into an above ground light rail transit route.

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