TTC Bus Fleet Renewal

Rank 2021


Industry Sector: Transit

Range $934 million

Specific Sector: BRT

Project Value: $934,000,000

Government Funds Involved: Public

Funding Source: Public

Location Ontario

Estimated End Date of Substantial Completion: 2024

The City of Toronto is upgrading its bus fleet, thanks in part to federal funding to help make the project a reality. In total, the City will purchase 1,043 new buses to help green its fleet, as well as refurbish 695 additional vehicles.

As part of the acquisition, the City is testing electric buses from three companies, New Flyer Industries Ltd., Proterra Inc. and BYD Canada Co. Ltd., to test the vehicles to see which ones its drivers prefer. The City was set to take delivery of 60 total buses by the end of the first quarter of 2020.

Other Key Players: Entuitive

2020 Rank: 56

2019 Rank: 56


Municipal Funding Number: 492000000