Ontario doubles down on September opening for Eglinton LRT despite TTC calling timeline ‘a reach'
The possibility that the long awaited Eglinton Crosstown LRT will open this September is now being considered 'a reach' by the TTC's former interim CEO.
Greg Percy made the comments during a Toronto Transit Commission board meeting on Thursday in response to a question from Toronto-St. Paul's Coun. Josh Matlow.
'Is there any prospect of a full handover by September, or is there a legitimate concern that (Metrolinx) may fail to provide us a line that is ready to operationalize by September?,' Matlow asked.
'I think September is a reach,' Percy responded. 'But, this fall is plausible, and certainly by year end. There's lots and lots of stuff going on that we need to fix to open safely, and that's what we're focused on.'
In April, Matlow told CP24 that he believed the LRT would open by September, and Premier Doug Ford echoed those statements in June.
The Ontario Ministry of Transportation doubled down in a statement to CP24 on Thursday saying, 'In June we formally transferred operations of the line to the TTC. As we have said, we are targeting September for an opening date.'
Metrolinx also pointed to a September opening in a statement on Thursday, writing, 'All civil infrastructure for the project is now complete, operator driver training is now complete and in June we formally transferred operations of the line to the TTC's command centre at Hillcrest.'
'We are currently relentlessly stress testing the system to ensure it is safe and reliable on the day it opens.'
At Thursday's meeting, Percy said that the decision on opening the line falls with Metrolinx.
'It's still a Metrolinx decision,' said Percy. 'There's a number of us that are deeply involved in this and to push it over the line we're working intimately closely with Metrolinx. We're looking at still this fall to get something happening.'
'We are collaborating with the same priorities of safety and customer experience, and we won't open until it is satisfying both.'
In a statement to CP24, the TTC says, 'Our CEO Mandeep Lali and Metrolinx CEO Michael Lindsay spoke last week and are committed to working together to open Line 5 as soon as it is ready for safe and reliable operations.'
'We have several phases of testing and commissioning to complete in advance of that, as has been previously outlined. The province will ultimately announce the opening date.'
Construction on the Crosstown LRT began in 2011 and the nearly-$13 billion line was originally expected to be complete by 2020.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CTV News
26 minutes ago
- CTV News
ARTM awards $146M contract to UK company to replace OPUS system
A screenshot of a video of Masabi's Justride digital fare system being used by the Regional Transportation District (RTD) in Denver, CO. The Autorité régionale de transport métropolitain (ARTM) has announced it will use the same platform. (Source: The Montreal regional transit authority has awarded a $146-million contract to a U.K. company to modernize the ticketing system across the metropolis. The Autorité régionale de transport métropolitain (ARTM) announced that London-based Masabi has been asked to develop the digital ticketing transformation project. The company is behind the cloud-based Software-as-a-Service platform Justride, already used by more than 200 transit agencies around the world, including in Los Angeles, Calgary, New York, and Valencia, Spain. Masabi is partnering with WSP, a global engineering and professional services firm, to integrate the fare system in the Greater Montreal area after winning the bid. More than five other companies put forward bids for the project. It will require updating more than 12,000 pieces of equipment in five territories and involving partners like the Société de transport de Montréal (STM), the Réseau de transport de Longueuil (RTL), the Société de transport de Laval (STL) and the exo commuter train network. Masabi says 'riders will be able to tap to travel using contactless bank cards, mobile wallets, smartcards, and more' with Justride, which will replace the OPUS card system that has been in place for 20 years. The plastic OPUS cards, however, will be compatible with Justride and can still be used to validate fares. The ARTM says the project is within its $146-million budget, which includes contingency funds to mitigate any unforeseen hiccups, and is expected to launch sometime in 2026. The agency adds that the approach allows for the new ticketing system to evolve and add new features without needing a complete replacement of the system. Android testing comes first, iOS in 2026 The multimillion-dollar project is part of the ARTM's ongoing Concerto project, a major transformation of the ticketing system used by public transit agencies across the region. 'The cost of the Concerto project compares very favourably with similar initiatives worldwide,' the ARTM said in a news release on Wednesday. 'This is due in particular to the reuse of existing equipment, limiting infrastructure costs; a rigorous negotiation approach, which reduced costs by $95 million between the two calls for tenders; and the choice of a more flexible, scalable, and cost-effective cloud-based solution.' 'Concerto is much more than a tech project: it's a profound transformation of the public transit customer experience,' said ARTM executive director Benoit Gendron in the release. 'Let's be clear: the project is well-managed, with solid governance, rigorous monitoring, and testing before each deployment. We deeply believe in Concerto because it reflects our commitment to even more efficient and attractive public transit.' In May, the ARTM announced that it would be testing the ability to validate transit fares on users' smartphones during the summer. This involves a small sample of users, who are part of the 'alpha' version of the test phase, allowing passengers to load their transit tickets or fares directly onto their smartphones and then scan them over a reader using near-field communication (NFC) technology when passing through the turnstiles. Only users of Android smartphones will be able to participate in the testing in 2025. Testing of the function is being done in waves as the number increases over time, with a batch of 600 users now underway, followed by 1,000, then 2,000, and a large beta phase with 10,000 users by the fall. People with iPhones will have to wait a bit longer. Testing with iOS devices will only take place in 2026. Teams will collect feedback on the tests and make the necessary adjustments. As of April 2024, transit users have been able to load fares onto their OPUS cards, also via NFC, by using the Chrono mobile app for iOS and Android devices.

Globe and Mail
26 minutes ago
- Globe and Mail
In their mid-60s and no longer enjoying their work, what's the best way for Tyrese and Miranda to retire?
In their mid-60s, Tyrese and Miranda 'are closing in on retirement,' Tyrese writes in an e-mail. Miranda is planning to stop working this fall and Tyrese is wondering if he can join her. They'd like to travel more while they are still relatively young and in good health. Both have managerial jobs, Tyrese earning $125,000 a year and Miranda $90,000. Neither has a company pension. They have three adult children, one still at home, and a $2.1-million house with a small mortgage in Toronto. They plan to extend the amortization on their mortgage to lower their monthly outlays. They're open to selling their house and downsizing at some point if necessary. Ideally, they'd like to give each of their children $100,000 for a down payment on a first home but they're not sure they can afford it. They had to tap into their tax-free savings accounts a couple of years ago when Tyrese was in between jobs. So the lion's share of their savings is in their registered retirement savings plans. Their retirement spending target is $9,000 a month after tax, or $108,000 a year, adjusted for inflation. 'When can we afford to retire?' Tyrese asks. We asked Warren MacKenzie, an independent Toronto-based financial planner, to look at the couple's situation. Mr. MacKenzie holds the chartered professional accountant designation. 'Tyrese and Miranda are no longer enjoying their work,' Mr. MacKenzie says. They want to retire as soon as possible and spend more time travelling. They also want to help their children financially now and leave them a little something in their estate. 'Based on their spending goals, they could retire immediately and never run out of money,' Mr. MacKenzie says. That assumes spending of $110,000 a year plus income tax, an inflation rate of 2 per cent and annual investment returns averaging 5 per cent. It assumes they live to age 100, at which point they'd leave an estate worth about $1-million with today's purchasing power. In 2026, their first full year of retirement, their income, adjusted for inflation, would break down as follows: Tyrese's Canada Pension Plan benefit $15,914; his Old Age Security $8,221; his RRSP/RRIF withdrawal $72,703; Miranda's CPP $16,229; her OAS $9,076; and her RRSP/RRIF withdrawal $64,167. That adds up to $186,310. Their cash outflow, adjusted for inflation, would be lifestyle spending of $112,000; mortgage principal and interest of $36,348; and income tax of $37,674, for a total of $186,022. The amount would be lower if they extend the mortgage amortization. Based on the current payments, the mortgage would be paid off in full by 2029. They saved feverishly and now have $3.5-million. Can Sharon, 62, retire with Craig, 64, next year? Tyrese and Miranda would like to give each of their children $100,000, which could be used as a down payment on their first home. But they do not have unregistered investments that they could readily sell to generate the $300,000 in cash. 'The funds would have to come from working longer, cashing in some of their RRSPs, or adding to the home mortgage,' the planner says. If they raise the $300,000 by withdrawing from their RRSPs over three years, they will pay income tax sooner than if they increased the mortgage, but in the long run it would be more cost-effective than adding to the mortgage and disbursing all the funds in the short term, Mr. MacKenzie says. 'They can't avoid the tax if they take the money from their RRSPs, but by taking it out sooner, they can take advantage of the low rates of tax in the lowest income-tax brackets,' he says. 'By reducing the value of their RRSPs, they reduce the possibility of Old Age Security clawback in their later years when the minimum withdrawal increases.' Another alternative would be to downsize to a $1.5-million home, give each child $100,000 and also top up their TFSAs by $100,000, Mr. MacKenzie says. After making the gift of $300,000, they are still projected to leave an estate of about $500,000, he says. The children can open First Home Savings Accounts and contribute the maximum, earning tax-free income. The children could also get a tax deduction. Some of the gift may qualify to go into a child's RRSP or unregistered investment account. 'Managing these accounts will give the children an opportunity to learn about investing,' the planner says. They'd be making their investment mistakes with relatively small amounts, thereby avoiding the potential greater losses that often occur when an inexperienced investor starts to invest a large inheritance, the planner says. A common concern for retired people is the possibility that they will incur high health care costs in their later years. 'Tyrese and Miranda believe they have a cushion to address this possibility in their spending target,' he says. For one thing, the mortgage will be paid off. 'As people age, they travel less, eat less and spend less on clothes and entertainment,' Mr. MacKenzie says. If they needed assisted living, they would sell their house. The proceeds from the sale would be more than enough to cover the cost of a retirement home. Laid off with $2.5-million in savings, should Jake and Wanda retire permanently? Their $1.8-million in RRSP investments is about 75 per cent in stocks and 25 per cent in fixed income. This asset mix is more aggressive than is required to earn an average return of 5 per cent, the planner says. One problem is that they do not know how their investment portfolios are performing compared with the appropriate benchmark. Most professional money managers believe that it's not possible to manage money wisely without knowing how performance compares with the proper benchmark. Tyrese and Miranda need to ask their adviser for a benchmark performance report or look for an advisory firm that regularly provides this information. From an income tax point of view, the two most important tax strategies will first be to convert their RRSPs to registered retirement income funds and to split RRIF income so that they are each in the same tax bracket. Secondly, they should ensure that each year they draw sufficient income from their RRIFs to use up the low-income tax brackets. In summary, when it comes to deciding when to retire, there are two schools of thought, the planner says. Some suggest working longer to build a larger financial cushion in case something goes wrong that could result in running out of money in their old age. Others consider the hidden costs of working longer than necessary – including additional stress from employment, more income tax paid and fewer years of good health to enjoy travel and retirement. 'If it appears that retiring now will give one enough to achieve one's goals, why work longer?' In Tyrese and Miranda's case, if they retire and at some point they see that they will be unable to maintain their desired lifestyle, they could easily get back on track by cutting some of their discretionary spending, Mr. MacKenzie says. The People: Tyrese, 64, Miranda, 65, and their three children, 25, 28 and 30. The Problem: Can they afford to retire this year and still give each of their children money for a down payment? The Plan: Go ahead and retire. In their first year of retirement, when their income is low, cash in some of their RRSPs to cover the gifts. Convert RRSPs to RRIFs and begin drawing from them. Review their investments to lower risk and ensure proper reporting of investment returns. The Payoff: Freedom to travel more while they are still in good health, knowing they can always cut back their lifestyle spending later if they have to. Monthly net income: $14,500. Assets: Cash $10,000; his RRSP $261,400; her RRSP (including inheritance) $1,540,500; his TFSA $126; her TFSA $1,050; residence $2,100,000. Total: $3,913,076. Monthly outlays: Mortgage $3,000; property tax $630; water, sewer, garbage $175; home insurance $120; electricity $250; heating $220; maintenance $250; garden $40; car insurance $305; other transportation $520; groceries $1,100; clothing $400; gifts, charity $250; vacation, travel $800; other discretionary $300; dining, drinks, entertainment $1,200; personal care $100; club memberships $220; golf $200; sports, hobbies $100; subscriptions $280; health care $155; health, dental insurance $200; life insurance $200; phones, TV, internet $740. Total: $11,755. Surplus goes to saving. Liabilities: Mortgage $115,000 at 4.5 per cent. Want a free financial facelift? E-mail finfacelift@ Some details may be changed to protect the privacy of the persons profiled.


CTV News
40 minutes ago
- CTV News
Task Force: Big pay raise for councillors, no pay raise for mayor, and maybe severance pay
The Council Resourcing Review Task Force (CRRTF) is leaning towards a substantial increase to councillors' base pay, but making no change to the model used to compensate the mayor. And the four-member task force remains divided over the issue of providing severance pay to a politician when they exit their seat on council following an election loss or choosing not to run again. The task force is awaiting data from Statistics Canada about full-time income in London, which will form the basis of their recommendation about council compensation, resourcing, and expenses. Currently, councillors receive the median (50th percentile) full-time income in London as measured by Statistics Canada. In 2025 that's equal to $67,420. On Friday, task force members discussed paying councillors somewhere between the 65th and 75th percentile— an amount that could be in the ballpark of $90,000. They'd receive an additional 4 per cent for chairing a standing committee, or an extra eight per cent if chosen to be the deputy mayor or budget chair. 'It's not a typical job, and so it probably shouldn't have a typical salary,' explained Task Force Chair Martin Horak after the meeting. 'A councillor in this city, with its $1 billion-plus budget, is a major responsibility. It's a complex, very demanding job. Councillors who do this job well are often working way over 40 hours a week.' 'With respect to mayoral pay, we think it's already there,' Horak added about the task force's decision not to discuss changing the mayor's compensation model. The mayor's base pay in 2025 is $163,188. The province added Strong Mayor Powers to the mayor's role this term. Those additional responsibilities include preparing a draft municipal budget, propose by-laws, and appoint or dismiss the City Manager and other senior managers. 'In some ways, [Strong Mayor Powers] can lessen their workload because it makes them more able to make quick decisions,' argued Horak. 'There's less of that need when you're using your strong mayor powers to spend all the time working behind the scenes building coalitions.' The question of compensating council members leaving their seat on council divided the task force. Horak told colleagues that many similar cities offer severance pay, averaging about one month of pay for every year of service on council. It's intended to smooth the transition back to regular employment after a period of public service. Horak argued against the practice. 'I don't really think it's appropriate,' he told colleagues on the task force. 'It sort of smacks of paying you if you lose.' He argued that London should continue to view a seat on council as a full-time role, not full-time employment, so traditional expectations of severance wouldn't apply. Horak added he wouldn't be comfortable with former politicians, 'remaining on the public dime when you are not elected.' In January 2024, council boosted the deputy mayor and budget chair positions by 12.5 per cent to recognize the additional workload. Those positions each earn $75,847 this year. Total benefits collected by each councillor add more than $20,000 annually to each member's compensation, including the option of receiving a vehicle allowance/reimbursement (up to $2,124). Councillors were also reimbursed for eligible expenses up to a maximum $13,500 in 2025. Fees to attend certain municipal conferences were also paid by city hall. The task force expects to have the StatsCan data in time for its next meeting in September.