Federal, Provincial, and City Governments Unite to Fund New Toronto Subway Cars
Toronto secures $2.3 billion for 55 new Line 2 subway trains, with federal, provincial, and city contributions of $758 million each.
- The federal government has committed $758 million to help replace aging subway cars on Toronto's Line 2 Bloor-Danforth, matching prior commitments from Ontario and the City of Toronto.
- The new trains, totaling 55 cars, will feature updated technology such as GPS-enabled systems to improve train frequency and efficiency.
- The current Line 2 fleet, nearing 30 years of age, is expected to reach the end of its useful life by 2026, necessitating the replacements.
- The total cost of the project is estimated at $2.3 billion, with funding shared equally between the federal, provincial, and municipal governments.
- Manufacturing of the new trains is expected to take place in Thunder Bay, Ontario, with procurement to be determined through an open bid process.