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One billion Thank You's, Premier

TORONTO, Feb. 21 /CNW/ - The TTC is grateful for Premier Eves’ recognition and continued funding for the subway system.

“The Premier’s support for the unique nature of Toronto’s subway and transit system, a system that carries one Billion riders every 30 months, is warmly received,” said Betty Disero, TTC Chair.

The $64 Million announced yesterday was to recognize the outstanding expenses absorbed by the transit system since the 1995 subway accident. The city and TTC are in continuing discussions with respect to the provincial one-third share of TTC capital costs for 2003.

“Provincial funding of the infrastructure that carries the TTC’s constituency of billions of riders over the years is a powerful example of a productive public investment in people’s lives,” said Rick Ducharme, TTC Chief General Manager.

For further information: Marilyn Bolton, Media Relations, (416) 393-3741