{"id":5893,"date":"2024-11-29T23:16:35","date_gmt":"2024-11-29T23:16:35","guid":{"rendered":"http:\/\/torontotribune.ca\/index.php\/2024\/11\/29\/federal-government-joins-ontario-in-promising-money-for-new-toronto-subway-cars-toronto\/"},"modified":"2024-11-29T23:16:35","modified_gmt":"2024-11-29T23:16:35","slug":"federal-government-joins-ontario-in-promising-money-for-new-toronto-subway-cars-toronto","status":"publish","type":"post","link":"https:\/\/torontotribune.ca\/index.php\/2024\/11\/29\/federal-government-joins-ontario-in-promising-money-for-new-toronto-subway-cars-toronto\/","title":{"rendered":"Federal government joins Ontario in promising money for new Toronto subway cars – Toronto"},"content":{"rendered":"


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After waiting more than a year, the City of Toronto has finally received confirmation from both the provincial and federal governments that they\u2019ll help shoulder the massive cost of replacing a fleet of subway trains.<\/p>\n

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On Friday, the federal government announced it will give Toronto $758 million to buy new subway cars, signing on to a commitment the provincial government made last year as part of its new deal for Toronto.<\/p>\n

\u201cOur government knows improving public transit is essential to ensuring our economy reaches its full potential,\u201d Finance Minister Chrystia Freeland said in a statement. \u201cThe TTC<\/a> needs new subway cars to keep up with the growing transit demands of our growing city.\u201d<\/p>\n

The subway car funding from Ottawa is part of a broader, long-term transit commitment.<\/p>\n

Toronto has been asking for help to buy a fleet of new subway trains to run on Line 2: Bloor-Danfoth as technical issues with the current fleet grew. The cost of buying new trains, however, was something the city said it simply couldn\u2019t handle on its own.<\/p>\n

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Last year, as part of a new deal with Toronto that also uploaded responsibility for the Gardiner Expressway to Queen\u2019s Park, the provincial government promised it would help with the costs of 55 new subway cars \u2014 on condition Ottawa pitched in too.<\/p>\n

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With the confirmation of $758 million from Ottawa, Queen\u2019s Park said its identical funding will also flow.<\/p>\n

\u201cIt\u2019s nearly 12 months to the day that the Government of Ontario reached a historic deal with the City of Toronto to help ensure the city\u2019s long-term financial stability,\u201d Transportation Minister Prabmeet Sarkaria said in a statement. \u201cAfter months of uncertainty, we are pleased to see the federal government step up.\u201d<\/p>\n

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