Toronto transit projects

[ijmorlan]

Interesting that it's costing about 4.8x the cost of ION.

Where did you get 4.8x??

The ION is costing $1.9B vs $2.5B for this Finch Line.

(Older article, so the final cost of ION might be higher: https://www.therecord.com/news-story/488...-released/)

I believe the ION is “costing” $880M. The $1.9G figure is, to my knowledge, the Grandlinq contract value, which includes some but not all of the $880M. It excludes money for the vehicles, not to mention property acquisition and I think some other smaller costs. Normally the “cost” of something does not include a certain number of years of its operating expenses. If we were talking about a house there would be no question that the “cost” is the purchase price, not purchase price plus several years worth of taxes and utilities.