TORONTO — Ontario and Toronto have reached an agreement to examine ways in which the province can take responsibility for the city’s subway system, with one option involving only a partial upload of the network.
The two sides will form a joint group to examine an arrangement that could include the province taking over ownership and delivery of future projects, but not being responsible for the entire subway system.
The agreement also says the group will look at the possibility of the province only assuming responsibility for the delivery of future projects, and not owning those assets or completing a full subway upload.
The group will also examine moving ahead with a full upload of the city’s subway system to the province as promised by Premier Doug Ford.
Ford has said the Toronto Transit Commission would retain the day-to-day operations of the subway, buses, and street cars, while the city would keep fare box revenue.
The Canadian Press