
B.C. provides peek into $2.95B SkyTrain tunnel, set to open in 2027
Transportation Minister Mike Farnworth led a media tour of the construction of the tunnel, part of a 5.7-kilometre extension of the SkyTrain Millennium Line from VCC-Clark Station to Arbutus Street on Vancouver's West Side.
Farnworth says the $2.95-billion construction project also features a 700-metre stretch of elevated track before the route plunges under Broadway, and about 750 workers are involved.
He says the new Millennium Line extension and its six stations will be able to carry triple the capacity of the 99-B rapid bus service currently operating the route.
The cost of the project is slightly more than previous estimates, but Farnworth says small overruns are common in underground construction but it's largely been kept under control.
He adds that the Millennium Line extension is on track to open on time in the fall of 2027.
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The Millennium Line extension and an extension of the Expo Line to Langley are slated to expand SkyTrain capacity by more than 27 per cent.
This report by The Canadian Press was first published June 2, 2025.
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Calgary Herald
8 hours ago
- Calgary Herald
Canadian canola farmers brace for losses as China announces 75% tariff
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Toronto Sun
9 hours ago
- Toronto Sun
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Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account RBC senior economist Claire Fan said in an interview that the effective tariff rate is an average of the import duties paid on goods heading to the United States that accounts for exemptions tied to the Canada-U.S.-Mexico Agreement (CUSMA) on trade. While U.S. President Donald Trump ramped up blanket tariffs on Canada to 35% at the start of the month, that move maintained an exemption for goods compliant with the CUSMA. RBC estimates the effective tariff rate on Canadian goods is closer to 6% today. BMO's calculations from the start of the month place that figure a little higher, at around 7%. Read More Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. The Bank of Canada said in late July — before Trump's latest escalation — that it estimated the effective U.S. tariff rate was around 5%, up from almost nothing at the start of the year. RBC's calculation is based on export volume data from 2024. Other sets of data offer slightly different measures of the tariff strain facing Canadian businesses. Fan said that, according to data published by the U.S. Census Bureau, Canada's effective tariff rate was roughly 2.4% in June, before the latest wave of higher tariffs came into effect. That figure captures the actual duties paid at the Canada-U.S. border, she said, and may fall short because of delays in reporting and general confusion over tariff levels among businesses. This advertisement has not loaded yet, but your article continues below. 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Winnipeg Free Press
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- Winnipeg Free Press
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