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The Toronto Transit Commission's (TTC) board last week approved CA$550 million for new fleet vehicles and transit system upgrades.
TTC will use the funds to purchase 13 streetcars and start the process to purchase 80 subway trains for the TTC subway Lines 1 and 2.
TTC plans to have the 13 streetcars running in 2023. The plan also includes an option to purchase 47 more streetcars if the agency receives additional government funding, TTC officials said in a press release.
Provided through Toronto’s City Building Fund, the investment will also facilitate a signaling system upgrade on subway Line 2.