Quote:
Originally Posted by CityTech
Honestly.. No stage 3. Not for a while. Stage 1 and 2 built a big network. I think we should take a breather, wait until stage 2 is done and see what's needed with how the city evolves. Stage 3 can be planned 2025-2028, procured 2028-2029 and constructed in the 2030s. By then the city will have paid down a good chunk of the first two phases and will have funds available.
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Look at funding. What you've laid out is the best case scenario.
Provincial and federal governments are just facing such massive fiscal demands that we'll be lower on the totem pole.
Look at some of the large demands coming through for the feds and province. Look at something like GO RER. That's $12 billion by itself (before a shovel has touched dirt....I wouldn't be surprised if it came in at $20 billion). Toronto's Transit city when first announced was supposed to be something like $6 billion. The Eglinton Line is only finishing the central portion and is over $5 billion. They'll eventually build a subway or LRT on Sheppard for billions more. There's LRTs to be built in Hamilton and Mississauga. There's BRT possibly in London. Maybe a second stage of LRT in Waterloo. And of course, Toronto is insisting they won't support any more subway expansion to the 905 without the DRL, that's easily another $7-10 billion.
And amidst all these demands we have an aging population with healthcare consuming a larger and larger proportion of the provincial budget. We're at 39% already and the bow wave of boomers hasn't even hit. All while Ontario is carrying record level of debt as a province.
And people think governments have billions to spare on subways for what would be nothing but suburban avenues in the GTA. I am, quite frankly shocked, Stage 1 and Stage 2 are going through rather unmolested. And part of that is pure dumb luck as all our competitors have bickered and equivocated on various transit plans while Ottawa has plowed through. If we're really lucky Stage 2 will go through just fine and then hopefully, the feds and province will find spare change in the cushions to fund extensions to Terry Fox and Fallowfield something in the next 15-20 years.