While this is better than what I originally thought we were going to get when Rob Ford was elected and declared Transit City "dead", I can't help but wonder if (when?) the city fails to raise the necessary money through development fees, will the city just can the Sheppard extension or will the taxpayers of the city be on the hook for billions?
Again, I'm not displeased with what I see here (the DRL is what I most want to see but I accept that that's a different program and was not even included in Transit City), I just am truly curious given Rob Ford's stance on fiscal prudence and wasteful spending in the city. Sure there will no longer be surface transit eating up space for cars on Sheppard East, but the city is now exposed to a lot more risk that, if gone badly, could endanger transit expansion (the DRL in particular) for decades while we collectively 'lick our wounds'.