Re: Vaughan Subway Line to NOWHERE!
I can't wait to hear what Rick Ducharme has to say about this. I bet he won't be too happy either.
His demands were met. The province also kicked in an additional $200M for maintenance of the current transit infrastructure.
We both know the city will clawback their own funds, but the province did give TTC the additional funding required.
Second to this, York will be paying for operation of the route north of Steeles just as they do with the bus routes that cross borders. You can expect TTC will charge them on the order of $8000 per hour per train (a bus goes for about $110 per hour) to cover capital (rolling stock), staffing, and maintenance. Expect an average of 2 trains to be in that segment at any given time -- so about $6M per year to operate.
From that ~$6M to operate the two stations, York Region can factor in savings of bus personnel, tax revenues, and other things to justify it.
Smart-card based fares will likely be subdivided based on %age of route in a given area, so york region would recieve revenue from that segment.
Say $1 for the York Region component from VCC and $3.50 to go the rest of the way downtown (takes into account inflation).
Or $1 to York Region for that component to start at VCC, and $0.50 to get to York University (3 to 4 stops).