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Ontario unveils $17-billion transit planOntario unveils $17-billion transit plan
| quote: | Ontario unveils $17-billion transit plan
JEFF GRAY
Globe and Mail Update
June 15, 2007 at 1:39 PM EDT
TORONTO — Ontario Premier Dalton McGuinty has pledged $17.5-billion for rapid transit projects across greater Toronto and Hamilton in a massive pre-election move that provides a massive boost to the TTC's ambitious light-rail network plans and calls for the extension of the Yonge subway line.
Friday's announcement will see the province partly fund 52 rapid-transit projects in the next 12 years.
Unlike other recent announcements, the province is committing to fund two-thirds of the costs, up from its usual one-third share of recent years.
It is calling on the federal government to fund the remaining third of the cost, eliminating the capital burden for cash-strapped municipalities.
The plans include a dozen GO train line extensions, as well as new GO lines that would cut across Toronto and 10 new bus rapid transit lines, most in the 905 belt of suburbs around Toronto.
York Region's VIVA transit system, and Kitchener-Waterloo's light rail plans will also receive funding, the government said.
Some of the projects have languished as unfunded proposals for years.
The change in this financing formula is a major shift, signifying something akin to a return to the model brought in by premier Bill Davis in the 1970s, which saw the province fund 75 per cent of the capital costs of rapid transit.
Overall, 902 kilometres of new or improved rapid-transit routes will be built by 2020, the province says, creating 175,000 jobs during their construction, which is supposed to start in 2008.
The projects include:
- extending the TTC's Yonge subway line up to Highway 7
- electrifying the GO Lakeshore lines, which will make a trip from Hamilton 15 minutes faster and reduce emissions
- boost capacity on other GO Train lines
- expand bus service across Highway 407
- build two rapid-transit lines across Hamilton
- commit funds to the TTC's $6-billion Transit City plan, which calls for seven new light-rail routes crisscrossing Toronto.
Also included is the Hurontario light rail line from Brampton to Mississauga, as well as a light rail line along Dundas Street West from Kipling station to Hurontario Street.
The province also pledged to fund an extension of the Scarborough RT from McCowan station to Sheppard.
The province had already committed to a $2-billion project to extend the TTC's Spadina subway line north to Vaughan.
The government says the projects will be financed over 50 years, and that road tolls – currently a hot topic among transportation experts – will “not be necessary”. |
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