Ontario Premier Doug Ford says the province will provide $1.2 billion in funding to Toronto over three years, in a bid to alleviate growing financial pressures on the city.
Mr. Ford made the announcement at a press conference on Nov 27, saying the funds would go toward operating supports, homeless shelters, policing, and finishing two LRT lines.
The premier also said the province would “upload” the capital costs of the Don Valley Parkway and Gardner Express Way, at a cost to the province of up to $7.6 billion.
“Thanks to the mayor and her commitment and dedication, and for putting our differences aside… this will be a game-changing historic deal,” Mr. Ford told reporters alongside Mayor Olivia Chow in Toronto.
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