denfromoakvillemilton
Senior Member
Well obviously this is not going to stay at 7.5 billion.
I suppose the $250M to convert the SRT to Mark III has also gone up by a factor of 4 - so it's $1.0B ($3B less than SSE)?Yes based on the one stop plan from a few years ago.
You make a good point, but I wanted to keep it consistent in terms of what we're comparing.
Interesting that $1.6 billion for a 2 stop subway was not deemed a worthwhile investment in 2006 - the LRT was budgeted at $1.5 billion, though it offered a lot more access.
Now 13 years later we're at $4 billion and counting for just one stop.![]()
As should be a surprise to no one. Did anyone honestly expect the Province to take over Subway construction and maintenence and pay for both the Provinces and Cities share?
Probably not, as that's just for new lines.Well obviously this is not going to stay at 7.5 billion.
That was the original Liberal uploading plan.A lot of people advocating for the yolks were saying exactly that, yes. One of the main premises for the upload was to take the capex and opex for the subway off Toronto’s budgetary burden.
I suppose the $250M to convert the SRT to Mark III has also gone up by a factor of 4 - so it's $1.0B ($3B less than SSE)?
Yeah I want to know whats happening with Sheppard and Eglinton East myself!Probably not, as that's just for new lines.
TTC has already identified another $30 billion of capital spending in the next few years, most of it for subway lines (ATC, new rolling stock, new yard, elevators, fire safety, second entrances, etc.). Not sure if the province will make city pay 25% of this or 100% of this ...
So maybe $37.5 billion.
That was the original Liberal uploading plan.
Now that the anti-Toronto party is in power, this seems more like raping city treasury, and making city property tax payers bend over, so Doug Ford can personally stick his hands deep up your pockets.
Digging deeper into the provinces proposal, it's interesting to see that both the Eglinton East LRT and Sheppard East (both as LRT and subway) are off the table.
I don't comprehend the special hatred that Ford seems to have for Scarborough.
Surprise, the whole thing about freeing up Toronto’s books was bullshit. Dougie just wants a subway folks
I thought the province said they'd pay for all capital costs as part of their ownership?
This doesn't seem much different than the current funding setup, the difference is that the province gets more control.
Surprise, the whole thing about freeing up Toronto’s books was bullshit. Dougie just wants a subway folks