New Line 2 trains revealed as Ontario ramps up Canadian content
The Canadian content for 55 new Toronto Line 2 subway trains rises from 30% to 55%, supporting 946 jobs and boosting local manufacturing, officials said.
6 Articles
6 Articles
More Money For CanCon, Not For More Trains
Today, Ontario announced that it would raise the Canadian content in 55 new Line 2 trains from roughly 25 to 50 percent. The provincial capital subsidy for this purchase will rise from $758-million to $950-million, and the increase will be matched by the federal government who are also funding this purchase. There is no change in the Toronto share. It is not clear whether the federal contribution is net new money, or merely a reallocation within…
A sneak peek of what the TTC's new Line 2 trains look like
Toronto’s beloved transit system is inching closer to finally getting a comfortable upgrade on Line 2 with brand-new trains. The Ontario government revealed a first look at what the new TTC Line 2 trains will look like, and here’s what you should know. The provincial government has a plan to “protect Ontario’s economic security and build a province that is more competitive, more resilient and more self-reliant.” High-capacity trains for Line 2 S…
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