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


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in City

People got very stupid and dangerous with fireworks in Toronto on Victoria Day

This is what Victoria Day fireworks looked like at Canada's Wonderland

What's open and closed on Victoria Day 2024 in Toronto

Toronto's Rouge Beach is where to find the largest wetlands in the city and a long sandy beach

Here are the rules for setting off your own fireworks in Toronto on Victoria Day

Evergreen Brick Works is an old Toronto brick factory turned nature escape

The breathtaking Mast Trail in Toronto follows a 200-year-old logging route

Moore Park Ravine is an escape from the city in midtown Toronto