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TTC approves amended capital budget

This weekend we catch up on some recent news stories.

At its meeting on Thursday, October 29, the Toronto Transit Commission approved and amended the TTC’s 2010 - 2014 capital program to make it more affordable under the City of Toronto’s new debt targets.

The Commissioners approved reducing the TTC’s $848 million shortfall over 10 years to $300 million by deferring more than 40 improvements and expansion projects.

They also approved the conceptual design for the new Steeles West subway station and agreed to buy 95 low-floor, clean-diesel buses.