The Toronto Transit Commission’s Budget Subcommittee will meet on September 6, 2016 (its first gathering since November 2015) to consider the preliminary version of the ten year Capital Plan and related reports.
It would be heartwarming to report that all was sweetness and light with transit funding now that the Federal government is back at the table, but alas, the reports suggest that “improvement” is at least as much from creative accounting than it is from added subsidy dollars.
There are four related reports on the agenda, and collectively they show how the TTC is (or isn’t) dealing with its capital funding problems.
Updated September 3, 2016 at 4:00 pm: A table comparing the sources of funding in the 2016-25 and 2017-26 capital plans has been added at the end of this article.
Steve Munro 