Saturday, April 25, 2009

Not So Fast on Those Street Cars

It turns out that it is not quite a deal on those street cars for the TTC. In fact, it turns out that in what looks more like a game of chicken with Queen's Park and Ottawa, the TTC has made a deal contingent on financing that neither other level of government is committed to.

Moreover, the Globe and Mail is reporting this morning that the deal is far larger than I indicated yesterday. Indeed there are options in the deal for an additional 400 vehicles that will be required on the new lines in addition to the 204 replacement vehicles.

So far from being a done deal, this appears to be the opening round of another endless dust-up between various levels of government.

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