On Friday, Deputy Prime Minister Chrystia Freeland announced that the Toronto Transit Commission (TTC) will receive nearly $1.2 billion over the next…
through the new Canada Public Transit Fund, including $758 million for a new fleet of subway cars on Line 2.
The current 30-year-old Line 2 trains are nearing the end of their expected life, which the province says would significantly increase costs to maintain safety if they continue to operate. "Toronto is the economic hub of Canada, and we need all levels of government working together to ensure the city has the critical transit infrastructure it needs to grow for the future. After months of uncertainty, we are pleased to see the federal government step up."
"The New Deal with the province and today's announcement of federal funding unlocks a key commitment from Ontario to get 55 new subway cars ordered and prepare Line 2 to welcome future riders"
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