Tag Archives: Subway Expansion

Quitely released press information – Government of Canada invests in Toronto Transit


No. H 218/08
For release – September 5, 2008

FLAHERTY ANNOUNCES FUNDS WILL BEGIN FLOWING TO SPADINA SUBWAY EXTENSION

Spadina Extension to Vaughan

Spadina Extension to Vaughan

TORONTO — People living and working in Toronto will begin to benefit soon from reduced traffic congestion, shorter commuting times, and cleaner air through the Toronto-York Spadina Subway extension. The Honourable Jim Flaherty, Minister of Finance, on behalf of the Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities, today announced that a contribution agreement has been signed by the federal, provincial and municipal governments, meaning that funds for the completion of the project will now begin flowing.

“The Government of Canada is helping to provide the students, commuters, and families of the Greater Toronto Area with transportation options, getting people out of their cars and onto public transit,” said Minister Flaherty. “We are committed to working with our provincial and municipal partners to improve transportation infrastructure across the country. The Toronto-York Spadina Subway extension is an excellent example of how we’re delivering real results.”

The Toronto-York Spadina Subway Extension project encompasses an 8.6 kilometre extension to the Toronto Transit Commission’s Spadina subway line, extending subway service to York University and the Vaughan Corporate Centre. With the signing of the contribution agreement, the Government of Canada will commit to paying up to $622 million under the Building Canada infrastructure plan towards the design and construction of this project. This is in addition to the $75 million already received by the project under the Public Transit Capital Trust.

In addition to the funding being made available for the Spadina Subway extension, several other transit projects in the GTA are being funded by the Government of Canada. They include:

  • York VIVA (Phase 1) — $50 million toward a $164 million bus rapid transit project;
  • York VIVA (Phase 2) — up to $85 million toward the second phase of this bus rapid transit project;
  • GO Transit Rail Improvement Program — $385 million toward a $1 billion project; Through this project, six of the seven rail corridors being used by GO are being upgraded, as well as some work around Union Station;
  • Brampton AcceleRide — $95 million from the Canada Strategic Infrastructure Fund toward a $285 million Bus Rapid Transit project;
  • Mississauga Bus Rapid Transit — $83 million from the Canada Strategic Infrastructure Fund toward a $249 million project; and
  • Toronto Transit Commission Strategic Capital Projects — $350 million from the Canada Strategic Infrastructure Fund towards a $1.2 billion project.

The Government of Canada provided $500 million for public transit infrastructure in Budget 2008. This will provide up to $194.5 million to Ontario under the Public Transit Fund. Under the previous Public Transit Capital Trust, the Province of Ontario has received $351.5 million, which it can use for various transit projects over the next three years. In addition, all Ontario municipalities will continue to receive a GST rebate.

“It’s clear that for the Government of Canada, investing in transportation infrastructure for the people of the GTA has been a key priority,” Minister Flaherty said. “We are delivering on this priority even further today with the Spadina Subway extension.”

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Contact:
Chisholm Pothier
Press Secretary
Office of the Minister of Finance
613-996-7861

Transport Canada is online at www.tc.gc.ca. Subscribe to news releases and speeches at www.tc.gc.ca/e-news and keep up-to-date on the latest from Transport Canada.

This news release may be made available in alternative formats for persons with visual disabilities.

Before You Move: Where Are The Next Transit Hubs?


Toronto Light Rail NetworkHere’s an easy question: where do you live?

Now here’s a much harder one: where should you live to ensure you’re near a GTA transit hub and how will the TTC’s plans for expansion impact the value of your home?

The answer to both queries can be worth thousands of dollars because the old real estate axiom about location, location, location has a well-known addendum: being near a subway or major transit route can instantly increase what your home is worth without you having to do anything at all.

But can you tell where they’re going to build or if the place you’re looking to buy will one day find itself on a subway or major transit line? The answer is yes, if you believe government plans about where officials hope to put the new routes.

Adding transit takes years of planning and a commitment of millions of dollars and all of it has to be done well in advance. That means the powers-that-be know where they’ll be putting the new tracks and trains as much as a decade or more before a shovel actually hits the ground.

One of those locations could be along waterfront-adjacent Cherry Street, which would make the folks on Condo Row lick their collective chops at the thought of bulging resale values.

“Streetcar access is phenomenal in terms of adding to value and presence … people want to be on a streetcar line,” said David Jackson, a Toronto urban planner.

Plans for the new tracks could start as early as spring 2009, while the underground expansion of the Don Mills subway line all the way to Morningside could have homeowners on the north side of town dreaming of dollars, though there’s no official date for that project to commence.

So just how much of a bottom line difference are we talking about here?

“Easily thirty to fifty thousand dollars,” confirmed Toronto realtor Janice Mackie. “Thirty thousand dollars is a parking spot … you don’t have to purchase that.”

What’s more, given the constant rise in gas prices and the GTA’s traffic volume, the Better Way may soon be looking even better still.

And while the two mentioned above are among the more central and immediate transit expansion schemes in the works, there are dozens of others being hatched around the GTA and Ontario as well.

Toronto Transit City

Here’s where you can check out the best laid plans that are being laid out right now.

Transit City: Can tell you about planned expansions in the city of Toronto.

Transit City map: Have a peek at what a future light rapid transit system might look like.

Move Ontario 2020: See the plans for the rest of the GTA here.

Move Ontario 2020: See a map for the GTA

Waterfront Toronto: The downtown core may soon look a lot different than it currently does.

Metrolinx: Transforming transit in the GTHA

See original CityTV News video and read more | digg story