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Metrolinx and Infrastructure Ontario release statement on the Eglinton Crosstown LRT project

From link.

Metrolinx and Infrastructure Ontario are issuing the following release on the proposed settlement on the Crosstown Light Rail Transit project.
Metrolinx president and CEO, Phil Verster, along with Infrastructure Ontario CEO Michael Lindsay, have just released (Nov. 24, 2021) the following statement on the Eglinton Crosstown light rail transit (LRT) project:​
“Over the past several months, Metrolinx and Infrastructure Ontario have engaged in collaborative and productive discussions with Crosslinx Transit Solutions (CTS), the consortium of private sector companies that has committed to design, build finance and maintain the Eglinton Crosstown Light Rail Transit (LRT) line, to reach a proposed settlement that addresses the majority of the outstanding technical claims on the Crosstown project, including addressing the delay impacts of COVID-19.​
“As the settlement has yet to be finalized, we are not in a position to disclose the details. The current appeal on the COVID-19 claim remains before the courts.​
“We’ve made terrific progress on the Crosstown and we are working diligently with our contractor to get it completed by end of 2022. Tracks are fully installed and trains are now being tested along the entire 19 km route.”​
 
so why again are we hearing this from moodys instead of MX/crosslinx themselves?

is it because of the value of the construction loan?
 
I am confused... Is the target date

August 31, 2022 "The Moody’s document also states that CrossLinux, the private consortium assembled to finance and build the LRT, is working on a revised schedule that will see it complete by August 31, 2022."

or

"at the end of 2022”??
So far all that's known is that it's "late 2022", but the two parties in the know (Metrolinx, Crosslinx) aren't saying a word about the actual target date they've agreed to as part of the settlement. The article states that's because they're waiting for both sides to approve it.

Moody's has reported a lot in this space (not sure why? maybe because they're reporting on debt taken on by the builders/province?) and their report has an Aug 31, 2022 timeline. YMMV.
 
Fairbank station on November 23, 2021:

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The idea that this isn't high quality is baffling to me. It's a relatively small portion of the system in a relatively low density area...and it'll be connected to at least two subway at each end of the above ground portion.

There's already a subway extension going directly to STC.

This is the problem, just because the density decreases doesn't mean the speed and quality should decrease - quite the opposite - the low density areas are where you should have less stops so you can actually go fast and get to . . . the *dense* places. Nonetheless, both ends of our lovely surface tramway will be anchored with subway and / or regional rail interchanges - by making the connection between them slow a whole bunch of trips that people could have made (reducing travel time and improving their lives) won't be nearly as attractive. It's also really a lowest common denominator thing, this one section is going to drag on the whole line. That is the problem.

Don't forget that it was cut-and-cover for the Crosstown stations. Notice how disruptive it was just for those station intersections and emergency exits. Then imagine the same disruption expanded for the entire length.

Except building a tunnel can be incredibly fast. The segments are usually precast and rails etc are all laid after. Plus the stations on Eglinton are taking a long time to build because they are way too big (relative to the low capacity of the trains) and deep (thanks to the TBMs we are discussing). If it was all shallow ala Canada Line you could do in 4-5 years like Canada Line.
 
Aboveground like the skytrain wouldve been better and faster to build. And the trains would travel faster than on the surface level and not get stuck behind red lights.
 
Or you do what other major subway projects do... and build the stations at the same time as the tunnels - you dig the station box, tunnel boring machine passes through, and then you can build the station! Rather than the age between tunnelling being completed and the start of actual station construction on the Crosstown...
 
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