Ontario Continues to Move Forward with Yonge North Subway ExtensionPublished on March 18, 2021
Initial Business Case Shows Extension Will Provide Greater Regional Connections and Create Jobs
The government is moving to the next stage of planning for the Yonge North Subway Extension as part of its commitment to build a modern and reliable transit system for the Greater Toronto Area. The Initial Business Case and supplementary analysis for the project, released by Metrolinx, shows that the extension would strengthen connections to jobs and housing, take thousands of cars off our roads and provide more people with access to transit.
"As we continue to keep up with tremendous growth in Toronto and York Region, our government is delivering on our plan to provide people with access to faster, more reliable transit to get them where they need to go," said the Minister of Transportation. "The release of the Initial Business Case marks an important step towards our vision for a truly connected transit system that people in the Greater Toronto Area deserve."
The Initial Business Case and supplementary analysis outline options for an approximately eight kilometre extension of the Toronto Transit Commission's Line 1 subway from Finch Station to Richmond Hill. The province and Metrolinx will be moving forward with further analysis on a route that will provide access to transit within walking distance to 26,000 more people and reduce commute times to downtown Toronto by up to 22 minutes.
"We're so pleased to be taking this important step forward with the Yonge North Subway Extension and we're eager to get out there in the communities to share more details about how this important and much-needed project will benefit people," said Phil Verster, President and CEO of Metrolinx. "We know a fast, seamless subway connection between Richmond Hill and downtown Toronto has been envisioned for a long time, and we can't wait to make that vision a reality."
Ontario will continue to work in collaboration with York Region and the City of Toronto to deliver the Yonge North Subway Extension and to build a transit system that maximizes benefits for riders.
"Together with our municipal partners and Metrolinx, we are keeping our promise to build this much-needed subway project. With economic benefits totalling over $3.6 billion, along with new investment in the region and the benefit of creating thousands of jobs during construction, this project makes sense," added the Associate Minister of Transportation (GTA). "However, to build projects of this magnitude, we need everyone at the table. We continue to call on the federal government to commit to paying their fair share, at least 40 per cent of these four nationally-significant subway projects."
"The merits of this transit project are well documented and the Initial Business Case for the Yonge North Subway Extension further justifies the much needed investment in York Region's top transit priority," said the Mayor of Markham. "The extension to Markham and York Region will meet current travel demands, provide greater access to other rapid transit lines, serve urban growth centres and support a sustainable future. We need to advance this project and get shovels in the ground."
In April 2019, the province announced its historic new transportation vision, with a preliminary estimated cost of $28.5 billion. This includes the largest subway expansion in Canadian history with the all-new Ontario Line; a three-stop Scarborough Subway Extension; the Yonge North Subway Extension; and the Eglinton Crosstown West Extension.
- The Yonge North Subway Extension will continue TTC’s Line 1 to major employment centres in York Region such as Markham, Vaughan and Richmond Hill.
- The project is expected to attract 94,100 daily riders meaning that 22,900 employees will be within walking distance of the subway.
- The extension is expected to create thousands of jobs during construction and generate over $3.6 billion worth of total economic benefits to help stimulate the economy.
- In May 2020, Ontario signed a landmark Preliminary Agreement with York Region that will help significantly expand the subway network through the delivery of the Yonge North Subway Extension.
- In February 2020, Ontario signed the Ontario-Toronto Transit Partnership Preliminary Agreement with the City of Toronto to deliver on the unified plan to significantly expand and modernize the subway network across the Greater Toronto Area.
- In July 2020, the Building Transit Faster Act became law, providing the province with the tools to expedite the planning, design and construction process of the four priority transit projects.