Cobra
Senior Member
McCowan Station : YRT + TTC North of 401
STC Station : TTC South of 401 + GO Bus + Duhram BRT and Inter city Buses
Fair?
STC Station : TTC South of 401 + GO Bus + Duhram BRT and Inter city Buses
Fair?
And budgetary stuff.Toronto staff report up. Staff have Scarborough Subway Extension questions at the end of the report.
What is the $660M PTIF2 funding? The federal government announced the $660M funding back in 2013. Did the Trudeau gov't not add any money to this pot? Did they just re-brand the previous announcement as their own?And budgetary stuff.
Current cost estimate of Province's plan: $5.5 billion.
That means $3.14 billion out of $5.5 billion has been committed, or 56% of the cost estimate.
- City has committed $1 billion (unadjusted for inflation) for the project.
- City will commit an additional $0.660 billion for the project from Toronto's allocation of the federal PTIF2 funding.
- In 2013, the Province committed $1.48 billion for the project.
If the Feds matched the City's contribution of $1.66 billion, and the Province upped their commitment due to the expanded scope, then the Province would need to commit $2.18 billion.
Which, unless I got the math terribly wrong, all seems reasonable asks of the three levels of government (totally independent of whether this is a wise use of $5.5 billion).
And budgetary stuff.
Current cost estimate of Province's plan: $5.5 billion.
That means $3.14 billion out of $5.5 billion has been committed, or 56% of the cost estimate.
- City has committed $1 billion (unadjusted for inflation) for the project.
- City will commit an additional $0.660 billion for the project from Toronto's allocation of the federal PTIF2 funding.
- In 2013, the Province committed $1.48 billion for the project.
If the Feds matched the City's contribution of $1.66 billion, and the Province upped their commitment due to the expanded scope, then the Province would need to commit $2.18 billion.
Which, unless I got the math terribly wrong, all seems reasonable asks of the three levels of government (totally independent of whether this is a wise use of $5.5 billion).
What is the $660M PTIF2 funding? The federal government announced the $660M funding back in 2013. Did the Trudeau gov't not add any money to this pot? Did they just re-brand the previous announcement as their own?
That was my understanding of it back in 2015.Did they just re-brand the previous announcement as their own?
My main concern is not the cost, I believe $5.5 billion is reasonable for the 3-station plan, but the delay caused by the new chance of direction. Shovels in the ground might not happen before the next provincial elections, and then if the government changes, the new government will be tempted to get their crayons out again.
And budgetary stuff.
Current cost estimate of Province's plan: $5.5 billion.
That means $3.14 billion out of $5.5 billion has been committed, or 56% of the cost estimate.
- City has committed $1 billion (unadjusted for inflation) for the project.
- City will commit an additional $0.660 billion for the project from Toronto's allocation of the federal PTIF2 funding.
- In 2013, the Province committed $1.48 billion for the project.
If the Feds matched the City's contribution of $1.66 billion, and the Province upped their commitment due to the expanded scope, then the Province would need to commit $2.18 billion.
Which, unless I got the math terribly wrong, all seems reasonable asks of the three levels of government (totally independent of whether this is a wise use of $5.5 billion).
It's a low-ball estimate because it will for sure get delayed and the price will keep on going up and up and up..I can't help but believe that $5.5 billion is quite a low-ball estimate.
Ford basically handcuffed the opposition parties with this transit plan. He gave his supporters what they wanted the most and threw the ultimate wrench into the opposition by giving the areas of his biggest haters what they've been begging their preferred parties for. I don't see any of these lines proposed being overturned once they are closing in on construction.
Why?
*they are now beyond urgent for both the SSE and OL for obvious reasons -this is key
*they are heavily supported locally
*the SSE will now have stops and this needed to be fixed
*the OL will actually provide relief going to eglinton and this needed to be fixed
*developers are at the table
*there is no opposition to play filibuster games against Ford this time
*the financing required to build proper lines can be accessed at the Provincial level
*any other party that cancels will have to own it knowing exactly the critical stage we are at
Ford will either become a hero across entire City or another party will cut the ribbons and take the credit when these lines get built. The slight delay sucks but I expect it all to be for the best as far as these projects are concerned
Hm, if it is true that Michael Schabas is working at Metrolinx again, which seems to be the case, it sort of makes sense to expect to see SSE reversed to the pre-SLRT plan to upgrade Line 3. If it can be built quicker and for less money, and savings could go into another area project like reviving Sheppard, it would gain a lot of traction both at QP and the local level. I wouldn't rule it out, and not because any fiscal conservative mandate. Rather because Schabas Scarb Wye plan was actually pretty good.
Also scaling back grand plans is as much a tradition in these parts as presenting them.
Ford basically handcuffed the opposition parties with this transit plan. He gave his supporters what they wanted the most and threw the ultimate wrench into the opposition by giving the areas of his biggest haters what they've been begging their preferred parties for. I don't see any of these lines proposed being overturned once they are closing in on construction.
Why?
*they are now beyond urgent for both the SSE and OL for obvious reasons -this is key
*they are heavily supported locally
*the SSE will now have stops and this needed to be fixed
*the OL will actually provide relief going to eglinton and this needed to be fixed
*developers are at the table
*there is no opposition to play filibuster games against Ford this time
*the financing required to build proper lines can be accessed at the Provincial level
*any other party that cancels will have to own it knowing exactly the critical stage we are at
Ford will either become a hero across entire City or another party will cut the ribbons and take the credit when these lines get built. The slight delay sucks but I expect it all to be for the best as far as these projects are concerned
We're stuck with the subway unless it gets delays so much that it's still a live issue after Ford leaves office IMO - and if that happens we're just generally screwed anyway.