CodeMonkey
Active Member
The reason why the City is going with ahead with the SRT expansion is because their not paying for it
It's interesting that the Federal and Provincial governments are fully picking up the tab on the SRT, but nothing can say the same for other projects.
Source:TTC Capital Budget for 2010...While progress was achieved this past year with the agreement of the Provincial and Federal governments to provide funding for various transit expansion projects, only the funding announced for the SRT project provided any relief to the base capital program shortfall as the remaining Transit City Plan LRT lines were not previously part of the base or state-of-good-repair capital program.
It's interesting that the Federal and Provincial governments are fully picking up the tab on the SRT, but nothing can say the same for other projects.