Mayor John Tory has called a special meeting of Toronto City Council tomorrow, Wednesday, May 26, to approve the purchase of 60 new TTC streetcars.
Earlier this month, the City of Toronto, the Government of Ontario and the Government of Canada announced a $568 million investment to purchase 60 new streetcars and make the necessary upgrades to the TTC’s Hillcrest Complex.
Along with $180 million from both the federal and provincial governments, the agreement includes a $208 million investment from the City.
The TTC Commission met today and voted unanimously to amend the TTC Capital Budget and Plan to expand the new streetcar purchase to 60 from the original 13 approved and funded by Council last year. The new streetcar funding represents a significant investment by all three orders of government in a critical component of Toronto’s transit network.
Tomorrow’s Council vote to approve the expanded TTC budget to purchase the streetcars is the last step in the process to finalize the agreement.
The full Council report is available on toronto.ca.
Quote:
“These 60 new streetcars – funded by our City government, the provincial government and the federal government – are an essential part of making sure we have an upgraded and reliable transit system in the years to come. I want to again thank Prime Minister Trudeau and the Government of Canada and Premier Ford and the Government of Ontario for working with us to come to this $568-million agreement. This is the right investment to make right now and I look forward to tomorrow’s City Council meeting to finalize this purchase which is good news for transit riders, good news for our transit system and good news for our economy.”
– Mayor John Tory
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