ontario ttc fund

Province considers subsidizing the TTC

The TTC might be set to get some major help from the Ontario Government. The province hasn't helped to fund the operating costs of the Commission since Mike Harris scrapped funding in the 1990s, but the Globe and Mail reports that Kathleen Wynne's Liberals are considering a major policy change that would see TTC costs split between Toronto and Ontario.

"TTC CEO Andy Byford said he and his staff met with senior provincial bureaucrats to discuss restoring operational funding about eight weeks ago and left feeling 'positively optimistic,'" the paper reports. The topic has also been discussed with mayor-elect John Tory, who would look like an absolute hero if something like this came together. As to what a possible cost-sharing model would look like, it's too early to tell, but it wouldn't be 50-50 given the province's deficit.

Still, at this point, any kick-in from the province would be big news. The TTC is already one of the most expensive transit systems in North America to ride, and will become increasingly more so in the absence of funding from upper levels of government.

Photo by Tom Ryaboi


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in City

Canada's largest spider is a fearsome predator that grows to 9 cm and lives in Ontario

Motorist ridiculed for driving on Toronto sidewalk but some disagree on who to blame

Toronto man claims thieves now breaking into cars to steal gas pedals in viral video

People holding dead animal bodies turned heads next to busy Toronto destinations

Here's a preview of what it will be like to ride on new Toronto LRT line

There's a brand-new $26M TTC subway station entrance in a popular Toronto park

Ontario's largest snake grows up to 2 metres and squeezes prey to death

Ontario is home to world's oldest pool of water at a staggering 2 billion years old