Eglinton Crosstown LRT opening date 'very close,' says Toronto city manager
Paul Johnson told CBC Radio's Metro Morning on Tuesday that he's "blindly optimistic" that the long-delayed light rail transit will open soon.
"It is very, very close. These are the last stages of really testing it," he said.
The 25-stop line was initially set to open in 2020, but a series of technical problems and associated cost overruns have plagued the project and repeatedly delayed its completion. Construction on the line began in 2011.
The transit line will open when it's "safe and operationally sound to do so" and testing has been going well, Johnson said on Tuesday.
"It's going to open soon. Everybody's working towards that, and I know people want to know the actual date. The only thing holding back the date is, we also don't want this to be unreliable and be a very poor service when it goes in," said Johnson.
He said staff have been running tests to make sure all trains have what they need to run daily. They are also checking the route timings and if all systems are working properly.
Ontario Premier Doug Ford said last month that the Eglinton Crosstown LRT line was on track to open this September.
September opening 'is a reach,' TTC interim CEO says
At last week's TTC board meeting, outgoing TTC interim CEO Greg Percy was asked if the transit line was on track to open in September.
"We're looking at still this fall to get something happening," answered Percy. "I think September is a reach, but this fall is plausible and certainly by year-end."
WATCH | Percy talks about September opening date:
TTC took control of the Eglinton Crosstown from Metrolinxlast month. Metrolinx CEO Michael Lindsay said at the time that the system and vehicles were being "relentlessly" stress tested.
Percy said at Thursday's board meeting that the decision on the opening date still falls to Metrolinx. He said safety and customer experience are key issues, and that the TTC won't open it until "it is satisfying both."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 minutes ago
- Yahoo
Canoe EIT Income Fund Announces August 2025 Monthly Distribution and Quarterly Distribution on Preferred Units
CALGARY, Alberta, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Canoe EIT Income Fund (the 'Fund') (TSX - announces the August 2025 monthly distribution of $0.10 per unit. Additionally, the Fund announces a quarterly distribution for preferred units. Cumulative Redeemable Series 1 ( and Series 2 Preferred ( unitholders will receive a distribution of $0.30 per unit. Unitholders of record on August 22, 2025, will receive distributions payable on September 15, 2025. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada's largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial. About Canoe Financial Canoe Financial is one of Canada's fastest growing independent mutual fund companies managing over $20.0 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal. For further information, please contact:Investor Relations1–877–434– Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit. A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment. ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the fund's ability to generate future income. You should not draw any conclusions about the fund's investment performance from the amount of this distribution. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the information filed about the fund on before investing. Investment funds are not guaranteed and past performance may not be repeated. This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment. This release is for information purposes only. Investors should consult their Investment Advisor for details and risk factors regarding specific strategies and various investment in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10 minutes ago
- Yahoo
Michigan Gov. Whitmer makes another White House visit to meet with Trump
WASHINGTON (AP) — Michigan Gov. Gretchen Whitmer met with President Donald Trump at the White House on Tuesday to discuss the toll tariffs are taking on the auto industry and the potential effects of his tax and spending bill on Medicaid. It's the latest in a string of meetings between the Democratic governor and the Republican president after the two frequently clashed during his first term. In his second term, Whitmer has adopted a more diplomatic approach, drawing some backlash from fellow Democrats. But it's also resulted in multiple wins for Whitmer's state, including Trump's approving $50 million in storm relief and awarding a new fighter jet mission for an Air National Guard base in the state. 'I've always said that I'll work with anyone to get things done for Michigan,' Whitmer, a potential 2028 presidential candidate, said in a statement Tuesday. 'That's why I've continued to go to Washington, D.C., to make sure that Michiganders are front and center when critical decisions are being made.' The private meeting between Whitmer and Trump — which a White House official would not confirm but did stress Trump's continued focus on Michigan — marks a rare instance of the president sitting with a leading Democratic figure. In recent weeks, Trump attacked Senate Democratic leader Chuck Schumer, telling him to 'go to hell," while also taking aim at other high-profile Democratic governors who have pushed back on some of his policies, including California's Gavin Newsom and Illinois' JB Pritzker, also considered possible 2028 candidates. Pritzker has aided Texas Democrats in leaving their state to stay in Illinois to block Republicans from their needed quorum to pass a new congressional map backed by Trump. Early Tuesday, Trump called Pritzker 'probably the dumbest of all governors' in a television interview. Whitmer has been more careful, criticizing some of Trump's policies rather than the president himself. She issued an executive directive last week to assess the impact of tariffs that she said have led to 'massive economic uncertainty' — without mentioning Trump's name once. Tuesday's appearance ended with far less controversy than her trip to the White House in April. Whitmer was unexpectedly ushered into the Oval Office during that visit, standing awkwardly nearby as the Republican president signed executive orders and assailed his political opponents during a photo opportunity. In their White House meeting Tuesday, Whitmer said that she told Trump and 'his team about the impact tariffs are having on Michigan's economy, especially our auto industry.' She also discussed 'changes in the Medicaid program, and ongoing recovery efforts following the ice storm in Northern Michigan this year." Whitmer also saw Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and chief of staff Susie Wiles while at the White House. Trump announced last month that he had spoken with Whitmer to inform her that he was appproving $50 million in federal funds for Michigan to support repairs and recovery from a March ice storm. In April, Trump traveled to Michigan to announce a new mission for Selfridge Air National Guard Base, which Whitmer has sought for years.
Yahoo
10 minutes ago
- Yahoo
A full-time day trader shares his 3 pieces of advice for getting into investing
Zach Austin shared his top three tips for anyone interested in day trading. The full-time trader said the most important thing is to invest in your education before trading. "I could have saved myself so much time and money" by doing this, he said. "I could have saved myself so much time and money if I just invested first in my education," Zach Kleinwaks told Business Insider about his start in day trading. Now, Kleinwaks, 27, is a full-time day trader and posts his favorite stocks and hot takes with his 14,000 Instagram followers and 30,000 TikTok followers. He also teaches strategies for trading options and futures as an analyst at Stock Dads, a premium membership platform. He shared his three tips for getting into day trading. 1. Educate yourself Kleinwaks began day trading part-time in 2018 while studying at New York Institute of Technology and playing college baseball. His parents traded stocks when he was growing up, and he saw increasing numbers of people posting on social media about making money. During the COVID-19 pandemic, Kleinwaks' baseball career was cut short, so he decided to educate himself on trading before starting to do it full time in 2022. But he wished he had done this sooner. "You're not going to make money unless you have the education behind it," Kleinwaks added. He described his own approach as making connections and finding mentors, "kind of just like sifting through different people, different strategies, and kind of figuring out what was legit." 2. Have 'zero expectations' Kleinwaks advised beginners not to enter the market expecting to make a certain amount within a specific period. "Have zero expectations," he said, adding, "Expect the worst, hope for the best." Kleinwaks said he thought that the recent meme-stock mania — where shares in companies like Opendoor, Kohl's, and Krispy Kreme skyrocketed without an obvious catalyst such as strong earnings — was driven by investors who lacked a long-term plan and were eager to make money fast. "They don't have the confidence to make money in the market, so they feel like they need to gamble," he said. 3. Try to improve every day Kleinwaks also advised traders to improve "regardless of what step you're at." "You're going to make money, you're going to lose money, but don't try to make the same bad mistake multiple times," he added. He listed the most common mistakes as blindly following trades others say they are making on social media, putting in too much money at a time, and succumbing to FOMO, such as buying meme stocks now to make up for missing the GameStop frenzy in 2021. "I always circle back every year like, 'wow, I wish I knew what I know now, then,'" Kleinwaks said. Read the original article on Business Insider
