Mayor John Tory says $4.8B of federal transit funding is on the way

Mayor John Tory says he's "thrilled" with a letter from the federal infrastructure minister that shows Toronto will get billions for future public transit projects and the province will be forced to match one-third of the costs. Based on funding formulas, the city is expecting to get nearly $5 billion to spend on the Downtown Relief Line (DRL), SmartTrack, the Eglinton East LRT and Waterfront transit. -- More...