Pearson Transit Hub | ?m | ?s | GTAA

alexanderglista

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Let me guess: They have an application into the Infrastructure Bank!

Retrospect:
Pearson airport hub a fitting project for Canada Infrastructure Bank ...
https://www.theglobeandmail.com/.../pearson-airport...infrastructure-bank.../article346...

Apr 9, 2017 - Outgoing Metrolinx CEO Bruce McCuaig says Pearson airport's ambitious plan to become a transportation megahub is the kind of project that ...
Ottawa hires Metrolinx CEO to advise on Canada Infrastructure Bank ...
https://www.theglobeandmail.com/news/...infrastructure-bank/article34444724/

Mar 28, 2017 - Bruce McCuaig is leaving Metrolinx after more than six years as ... rail link betweenPearson International Airport and Toronto's Union Station.
They very well could. The Infra Bank could also help with the Eglinton West LRT and Finch West LRT extensions, as well as the tunnelled GO line. Politically you could spin the project as helping the entire region, which it would.
 

steveintoronto

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They very well could. The Infra Bank could also help with the Eglinton West LRT and Finch West LRT extensions, as well as the tunnelled GO line. Politically you could spin the project as helping the entire region, which it would.
Exactly. Even though it's claimed the IB is "arm's length" from the sitting gov't, their raison d'être is to maximize the yield of gov't investment, and this rings at least three bells, and at a very opportune time for the upcoming federal election.

I have some trepidations on how the GTAA goes about this, but hopefully their 'investors' keep it centred. That term "Union West" has to go though. "Pearson Transit Hub" is far more encompassing as this has to be about more than trains and planes.

Montreal's REM has already established a template for what to expect from the IB, and after McQuaig's 'priming the well' and REM's 'Speedwagon' the GTAA can expect nothing less.
 

steveintoronto

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Even though it's claimed the IB is "arm's length" from the sitting gov't, their raison d'être is to maximize the yield of gov't investment, and this rings at least three bells, and at a very opportune time for the upcoming federal election.
Best I clarify that as it might appear contradictory to "arm's length"...which it must be. I believe the Feds have fire-walled the amount budgeted for the IBank...but that does not preclude them lending or granting an added sum through other channels to the project, thus making the case before the IBank even more compelling. And the Libs 'sweetening' their stature in the electorate by doing so.
 

Coolstar

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Wow this thread is completely dead! Is the project cancelled? Doug Ford got rid of this one too? Hasn't been any updates since last year.
 

Woodbridge_Heights

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Wow this thread is completely dead! Is the project cancelled? Doug Ford got rid of this one too? Hasn't been any updates since last year.
GTAA is an independent entity, their plans are not related in any way to the Ford government. The transit hub was always a long term project, they simply put the idea on the table so that when government officials are planning transit routes they plan them with this central hub in mind.
 

W. K. Lis

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GTAA is an independent entity, their plans are not related in any way to the Ford government. The transit hub was always a long term project, they simply put the idea on the table so that when government officials are planning transit routes they plan them with this central hub in mind.
The Union-Pearson Express is just using its current Pearson terminal, TEMPORARILY.
 

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