City to pay $49 million for cancelling LRTs

Mayor’s decision to axe Sheppard, Finch LRTs will cost
City agreed to reimburse Metrolinx for cash spent already
Kris Scheuer
(Written for Town Crier April 1.)

All aboard: Mayor Rob Ford gives the thumbs up with Premier Dalton McGuinty before making a joint transit announcement March 31. Photo by Francis Crescia/Town Crier.

The city taxpayers are on the hook for at least $49 million now that the Ontario government and Metrolinx agreed to cancel two previously approved light rapid transit lines for Sheppard and Finch.
Early in his term Mayor Rob Ford announced the Transit City plan for four surface LRT lines on Sheppard, Finch, Eglinton and in Scarborough was dead. His office spent four months negotiating with the province and Metrolinx to spend the allotted $8.4 billion on making the Eglinton LRT underground and converting the Scarborough RT to a surface LRT.
He also sought permission for the city to look for $4.2 billion in private sector funding for a new Sheppard subway.
That deal, announced March 31, included a provision that the city pay Metrolinx back for any costs associated with canceling the previously approved projects. The bill to the city will be at least $49 million, Metrolinx confirmed to the Town Crier on April 1.
“At this time we estimate there are $49 million in sunk costs mostly for work on the environmental assessments, designs or engineering and project management for Finch LRT and Sheppard LRT,” said Metrolinx spokesperson Vanessa Thomas. “The $49 million (is) for costs we already accrued.

Mayor Rob Ford announced he will seek $4.2 billion in private sector cash to build a new Sheppard subway line. Photo by Francis Crescia/Town Crier.

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Toronto transit investment announcement

Ontario to pony up $8B for Scarborough, Eglinton LRTs
City to seek $4B private cash for Sheppard subway
T.O taxpayers on hook for $49 mil spent on canceled routes

Kris Scheuer
(Written for Town Crier March 31.)

Subway prototype on display at Wilson TTC yard during March 31 transit announcement. Photo by Kris Scheuer/Town Crier.

Get ready Toronto for $12 billion worth of transit including a Sheppard subway, Eglinton LRT and the Scarborough LRT.
Mayor Rob Ford and Premier Dalton McGuinty announced the investment at a press conference from the Wilson TTC yards in front of brand new subways prototypes.
“This is a great day for taxpayers of Toronto,” Ford said. “They want rapid transit to get to work faster and to get home to their families.
“Our new plan will provide a truly rapid transit system.”
McGuinty confirmed that the province, through Metrolinx, would invest up to $8.4 million to build a 25 kilometre, 26 stop LRT line from Black Creek Drive to Kennedy station and north to Scarborough City Centre and to replace the existing Scarborough RT with an LRT.
The premier, mayor, the ministry of transportation and provincial agency-Metrolinx have worked tirelessly to work out a deal over the past four months that would meet the needs of all sides.
“Our provincial priority was the Eglinton line,” said Transportation Minister and Don Valley West MPP Kathleen Wynne. “We wanted to minimize delay, we wanted to get the Presto card implemented and we had said there was no more money.”

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.