Today, the Honourable Chrystia Freeland, Deputy Prime Minister of Canada and Minister of Finance; the Honourable Dominic LeBlanc, Minister of Intergovernmental Affairs, Infrastructure and Communities; the Honourable Caroline Mulroney, Ontario's Minister of Transportation and Minister of Francophone Affairs; and His Worship John Tory, Mayor of the City of Toronto, announced joint funding of up to $1.5 billion for the expansion and rehabilitation of the Toronto Transit Commission (TTC)'s Bloor-Yonge Subway Station.
With the funding announced today, the City of Toronto will be able to expand and rehabilitate the existing subway station to improve efficiency and capacity and reduce overcrowding during rush hours. Work will include the construction of a second platform on Line 2 for eastbound service, an expansion of the Line 1 northbound and southbound platforms, new elevators, escalators and stairs, and construction of a new accessible entrance and exit on Bloor Street East.
Once complete, this project will increase the station's capacity and accessibility. These improvements will enable more Greater Toronto and Hamilton Area (GTHA) residents to use public transit to get to and from their destination, reduce gridlock on our roads, and help the TTC accommodate a projected growth in ridership.
By investing in infrastructure, the Government of Canada is growing our country's economy, increasing the resiliency of our communities, and improving the lives of Canadians.
