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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 387.19

-0.7%

Dec 2 4:00 PM EST

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To: TobagoJack who wrote (97657)	1/10/2013 11:07:33 PM
From: Cogito Ergo Sum	Read Replies (2) of 218147

sigh.. in 25 years of living in Toronto with its transit system billed as The Better Way (LOUD GUFFAW) I have seen 4 new subway stations built (which really don't go anywhere useful BTW) now we dither... halt construction because of stupid politics.. and they are not bona fide subways.. as they are indor / outdoor cause traffic congestion where they emerge traveling at ground level.. and divide the city.. How many kms and stations did you get for 1.7 billion ? The existing Sheppard subway was criticized at the time for its high cost relative to previous projects. The 5.5km line opened in 2002 and cost less than $1 billion including a complex interchange at Yonge. Rob Ford’s recently proposed plan to complete the line from Downsview to Scarborough Centre would add 12.7 km of tunnel for a cost estimated by the TTC at $4.7 billion. That is an increase from $172 million per kilometre on the original project to $370 million projected for the current extension project, not including the seemingly inevitable escalations once detailed planning and construction begin. If subway construction costs had been held to CPI inflation, construction today should cost $221 million per kilometre. urbantoronto.ca

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