ttc toronto

Toronto gets a massive transit investment from the federal government

On the heels of its big award, the TTC will get a huge influx of cash thanks to the federal government.

In a statement released today, Mayor John Tory said Toronto is expected to receive, "$4.8 billion of Ontario’s $8.34-billion allocation from the Government of Canada for our transit network expansion plan, which includes the Relief Line, Smart Track, the Eglinton East LRT and Waterfront transit."

According to a news release from TTC Chair Josh Colle, Infrastucture Minister Amarjeet Sohi outlined in a letter a cost-sharing plan that said Toronto transit projects should receive one third of their funding from the province.

Colle's statement says the city will advocate for a 40-40-20 funding model that's split between all three levels of government.

Regardless, a nearly $5 billion investment seems like a huge boon for public transportation in the city.

Lead photo by

Randy McDonald


Join the conversation Load comments

Latest in City

Anti-Islam rally met with massive counter-protest in Toronto

When exactly is rush hour in Toronto?

The evolution of the TTC subway map

Ontario government to spend $10 million per year on horse racing

Toronto chair girl Marcella Zoia has been expelled from school

Peel Police release list of ridiculous 911 complaints made during Amber Alert

Toronto weather is going to swing wildly this weekend

Someone pulled the TTC emergency alarm because a passenger smelled bad