Update on Federal Funding for GTA Transit Projects

By Transport Action Ontario | Urban Transit

May 15

On May 11, 2021, the Honourable Catherine McKenna, Federal Minister of Infrastructure and Communities, accompanied by numerous other federal, provincial and municipal elected officials, announced a federal investment of up to $10.4 billion, covering 40% of the capital cost for four subway projects in Greater Toronto (GTA):

  • Scarborough Subway Extension – $5.5 billion
  • Eglinton Crosstown West – $4.7 billion
  • Ontario Line – $10.9 billion
  • Yonge North Subway Extension – $5.6 billion

This brings the total federal investment in GTA rapid transit since about 2005 to over $15 billion, broken down as follows:

  • First wave projects, except SSE. See our posting December 18, 2017 for details – $2.2 billion (2014$)
  • GO Expansion – Kitchener, Barrie and Lakeshore E corridors – $1.9 billion (2017$)
  • Bloor-Yonge subway station capacity. See our posting August 27, 2019 for details – $0.5 billion
  • Construction of 6 Smart Track stations. See our posting August 27, 2019 for details – $0.6 billion
  • Four subway projects as described above (SSE, EXTW, OL, YNSE) – $10.4 billion
  • TOTAL = $15.4 billion
Share
Tweet
Share