Ontario Line cost has tripled from original 2019 projection: Metrolinx CEO
The head of Ontario's regional transit agency says the price tag so far for the Ontario Line is at about $34 billion, which is triple the government's original cost projection.
Metrolinx CEO Michael Lindsay has revealed that the cost of the Ontario Line subway project has tripled from the original 2019 projection, reaching approximately $34 billion. The government initially estimated the cost at $10.9 billion. Lindsay states that the final total is expected to be higher, as the contract process for the elevated guideway is not yet finalized.
The original announcement in 2019 occurred during a different time, and since then, factors such as trade uncertainty and supply chain shocks have put pressure on the project. Lindsay assures that Metrolinx employs a competitive process for contracts and carefully scrutinizes line items to ensure efficient spending. NDP Leader Marit Stiles expressed concern over the tendency of large transit projects to exceed expectations in terms of cost and timeline.
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