Revised Agenda

The Council of

The Regional Municipality of York

Meeting #:
Date:
Time:
-
Location:
Council Chambers
17250 Yonge Street, Newmarket

Quorum: 11


Paul Jankowski, Commissioner of Transportation Services

Laura Mirabella, Commissioner of Finance and Treasurer

Robert Webb, Webb + Co Limited on behalf of a number of landowners / developers in the North Markham Future Urban Area, dated April 24, 2019

Recommendation: Receive

See Items C.1 and C.2

Whereas:

  1. The Province of Ontario recently announced a $28.5 billion for Ontario’s new Transit Plan for the Greater Toronto Area, which included the Yonge Subway Extension from Finch Station to Richmond Hill Centre in York Region.
  2. The Provincial government has identified an $11.2 billion contribution as their share of the Transit Plan.
  3. The Federal government has previously identified significant funding for higher-order transit projects in the region.
  4. The current funding allocation criteria outlined in the Investing in Canada Plan based on ridership provides less than 4% of the overall cost of the Yonge Subway Extension.


Be it resolved that:

  1. York Region supports the new Provincial Transit Plan announced by the Premier of Ontario on April 10, 2019, which included funding of the Yonge Subway Extension.
  2. The Federal government be asked to confirm its participation as a funding partner with a specific 40% funding commitment for the Yonge Subway Extension.
  3. York Region commits to working with the Province to leverage transit-oriented development opportunities along the Yonge Subway Extension Corridor.
  4. Staff be directed to work closely with Province, the Federal Government and the private sector to further define the potential sources and uses of funds for the Yonge Subway Extension.