CTV News: Estimated cost of Scarborough subway extension rises by nearly $1B
Josh Matlow2021-01-06T15:32:38+00:00June 17, 2016
Chris Fox
CTV News
The Scarborough subway extension will cost $900 million more than initially thought, Mayor John Tory has confirmed.
The cost of the one-stop extension of Line 2 from Kennedy Station to Scarborough Town Centre was initially pegged at $2 billion, however on Friday the mayor told reporters that further analysis by city staff has revealed the price tag to be $2.9 billion.
The increase in budget, Tory said, is due to engineering and planning work that has recently been conducted.
Previously the city had based its estimate on a ballpark figure for a three-stop subway extension that was scrapped back in January.









