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

There are now calls for Ontario to close its borders to people living in Alberta

Here are some of the new rules and restrictions for after Step 3 in Ontario

This is when Doug Ford says Ontario will progress past Step 3 of reopening

Toronto is wondering what to call Dundas Street while it waits for a new name

Ontario Place is getting new waterslides and botanical gardens during its big revival

Ontario Place redevelopment will include a huge new all-season adventure park

Ontario has seen one of the screwiest Julys ever when it comes to weather

Experts blame humans for recent coyote attacks in Toronto