Toronto Ontario Line 3 | ?m | ?s | Metrolinx

I have to agree with the assessment that Bombardier doesn't have the cash to be the big partner solo, but I could see this being some sort of incentive to approve a sale (and I tend to think more along the same lines as the Airbus deal - selling 51%) of the rail division...

PS: and now I'm having awful visions of Bombardier selling much of rail to Boeing while getting some kind of stake in the 737 and being essentially the lynchpin in the not quite complete consolidtation of Airbus and Boeing. Fever dream yes, but someone would get rich of the MAX debacle this way.
 
steveintoronto said:
^ BBD have a huge problem besides reliability: Lack of cash. Their Transport Division is on a nose dive yet again. The key to the Ontario Line happening is Private Enterprise. Siemens are sitting on a massive amount of cash. Part of their business is financing. And some competitors are sitting on investment cash too.

For BBD to be part of a consortium, they're going to have to have skin in the game. Quick Google shows Alstom looking pretty good as per stock value, don't know what their cash position is, but they look healthy right now:
https://simplywall.st/stocks/fr/capital-goods/epa-alo/alstom-shares

The bottom line for the Ontario Line is that QP is going to put dick into this, literally and figuratively. Meantime, Siemens won't work with the F Bombs directly because of this:

https://www.theglobeandmail.com/bus...ed-ontario-wind-project-prompts-warning-from/

NatPost even gets this one:

https://nationalpost.com/opinion/jo...ays-doug-fords-ontario-is-closed-for-business

Siemens will participate, if there's someone with big-boy pants on to do it with. And that's either the InfraBank and/or the Feds directly. I'm amazed the Ford Motor Company hasn't slapped Ford with a Cease and Desist Order to stop using the name...
Click to expand...

Well we can't really debate what rail cars they plan to use because we all know Ford is father of automobiles...
 
As much as I detest this Conservative government, Yurek isnt nearly as close to being as bad as Del Duca was regarding photo ops. Del Duca was just a pure embarassment holding press conferences for useless things such as: Tim Horton's opening in select GO Stations, and Loblaw's initiating grocery pickups from select GO Stations among many others.

To be frank, Del Duca was the worst Ontario Transportation Minister that i've seen in my time.
 
Amare said:
As much as I detest this Conservative government, Yurek isnt nearly as close to being as bad as Del Duca was regarding photo ops. Del Duca was just a pure embarassment holding press conferences for useless things such as: Tim Horton's opening in select GO Stations, and Loblaw's initiating grocery pickups from select GO Stations among many others.

To be frank, Del Duca was the worst Ontario Transportation Minister that i've seen in my time.
Click to expand...

Yurek has also done quite a few "photo ops" as well. Guess every transportation minster needs a photo op every now and then...,
 
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Yurek seems like a far more reasoned and intelligent individual than Del Duca could ever hope to be. As far as I know he has little experience in the transportation file but seems to have learnt the portfolio fairly quickly. He is from St.Thomas and went to UT for pharmacology and has been a pharmacist for years. Not the most relevant background but certainly a well educated man.
 
Here's the real event, and you don't have to buy tickets, just sit back and watch it unfold:

183771

https://twitter.com/x/status/1123226609790660608

And remember these lilting words of endearment:
Ontario also expects the Government of Canada and the City to help fund these projects to te tune of $17.3 billion, but, the Premier said yesterday that if other governments don't step up, that the Province would be prepared to 'back stop' the work, especially the extra costs for the Line 2 extension into Scarborough.
Click to expand...
http://urbantoronto.ca/news/2019/04/ontario-government-lines-new-toronto-transit-plan
 
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steveintoronto said:
Here's the real event, and you don't have to buy tickets, just sit back and watch it unfold:

View attachment 183771
https://twitter.com/x/status/1123226609790660608

And remember these lilting words of endearment:

http://urbantoronto.ca/news/2019/04/ontario-government-lines-new-toronto-transit-plan
Click to expand...

Optical politicking to help Scheer

None the less I find it refreshing to see upper levels of government weaponizing Toronto transit funding against the opposition for gain. Overdue
 
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