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'No more' money for transit expansion: McGuinty

by Natalie Alcoba

The tussle over whether to build light rail or subways in Toronto kicked up to the Queen’s Park on Tuesday, with Premier Dalton McGuinty warning that there is “no more” money for transit expansion from the province.

The National Post reported Tuesday that mayor-elect Rob Ford has called a meeting at City Hall Wednesday morning in which he is expected to tell the head of the TTC to stop building the Transit City light rail network that is almost entirely funded by the provincial government.

Instead of a light rail line across Sheppard Avenue, which is already underway, Mr. Ford wants to tunnel underground. His plan is contingent on the provincial government transferring the money it has currently allotted to Transit City.

Premier McGuinty would not speculate on the outcome of any forthcoming discussions with the mayor’s office, but believes that there is “significant common ground” between the province and the city: “we both want to move forward with new public transit.”

And he added: “I will say that with respect to money, that we have no more.” Mr. Ford takes office on Wednesday.