New TTC Light-Rail Vehicles

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Ranking for 2017: 42

Industry Sector: Transit

Specific Sector: LRT

Range: $1 billion - $5 billion

Project Value: $1,187,000,000

Provincial: $416 million

Government Funds Involved:

Funding Source: Public

Location: Toronto, Ontario

Estimated End Date of Substantial Completion: 2019


The provincial government has allocated up to $416 million, or one-third of the funding of eligible costs related to the purchase of 204 light-rail vehicles, to replace the current streetcar fleet. The program is active and is slated to run from 2009 to 2019, when the last LRV is delivered. After 2019, the TTC plans for the $366 million purchase of an additional 60 light-rail vehicles to accommodate ridership growth.


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