Update: Construction date moved to 2021 instead of 2031, but construction costs have more then doubled.
Below is from a Facebook post from councilor Jesse Helmer
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One of the proposed amendments included in the 2018 capital budget is to accelerate the timeline for construction of a grade separation on Adelaide St. Originally planned for construction in 2031, the draft 2018 budget brings this project forward to start as early as 2021. The cost of the grade separation has also increased significantly, to $59,900,000. The primary sources of financing for this project, unless we secure funding from other levels of government, will be debt and development charges.
One of the reasons to do this project earlier than planned is to improve pedestrian, cyclist, transit and vehicle traffic flow on Adelaide St in advance of when the North leg of the rapid transit corridor along Richmond St will be built (from 2022-2026). Construction of the East leg of rapid transit is planned for 2020-2023.
I've updated the overview page about the Adelaide St grade separation at
http://helmer.ca/adelaide_cpr with information from the 2018 budget, including a link to the budget amendment case (#19), which contains more information about this project.
There will be another public meeting about this project sometime in 2018, the date, time and location of which has yet to be determined.
https://www.facebook.com/jessefhelmer/posts/1147684352028388?pnref=story