Mayor Olivia Chow and Premier Doug Ford Finalize Joint Funding Agreement for 55 New TTC Subway Trains

TORONTO — Toronto Mayor Olivia Chow and Ontario Premier Doug Ford announced on Monday the finalization of a historic $2.3 billion joint procurement agreement with the federal government to replace the aging fleet on the Toronto Transit Commission's (TTC) Line 2 Bloor-Danforth subway corridor with 55 new, Canadian-manufactured subway trains.

The agreement resolves years of funding uncertainty surrounding the Bloor-Danforth Line, whose existing T1 subway cars have been in continuous operation for over thirty years and are approaching the end of their design lifespans.

Tripartite Funding Structure and Canadian Manufacturing Under the finalized terms:

• The Province of Ontario is committing $758 million through the Ontario Transit Partnership.
• The City of Toronto is allocating $758 million from its long-term capital transit budget.
• The Federal Government is contributing $758 million through the Canada Public Transit Fund.

The contract specifications mandate that final assembly and component fabrication must take place at Canadian manufacturing facilities, supporting hundreds of advanced manufacturing jobs in Thunder Bay and southern Ontario.

"This is a massive victory for millions of daily transit riders across Toronto and Scarborough," Mayor Olivia Chow said at the Greenwood Subway Yard. "Securing these 55 new subway trains means shorter wait times, state-of-the-art accessibility, increased capacity, and air-conditioned reliability for generations of commuters."

Enhanced Signal Automation and Capacity Premier Doug Ford emphasized that the new train sets will feature open-gangway walk-through carriages, advanced digital diagnostic sensors, and full compatibility with Automatic Train Control (ATC) signaling technology.

"Our government is investing tens of billions to build historic transit across the Greater Toronto Area—from the Ontario Line to the Scarborough Subway Extension," Premier Ford stated. "Modernizing the Bloor-Danforth fleet is a critical part of ensuring our entire regional transit network runs seamlessly and on time."

TTC CEO and union officials welcomed the announcement, noting that engineering teams will prepare the Greenwood and Davisville maintenance yards for delivery of the first test prototypes in late 2027.