Mayoral candidate John Tory has released his plan to get you moving in the city and beyond with his "One Toronto Transit Plan."
Tory is hopping onto a plan already announced by the province that would bring in Regional Express Rail, an all-day, two-way surface subway service that would run on existing GO track lines with new higher-speed vehicles.
The first project would be the SmartTrack line which would run from the Airport Corporate Centre near Matheson Boulevard, down to Union Station and back up to Markham in the East.
The SmartTrack line is 53 kilometres long and would include 22 new stops and 4 interchanges with the TTC Rapid Transit Network.
Tory is promising the new line within 7 years and would include full fare coordination with the TTC system.
The total cost of the SmartTrack line is $8-billion.
The city's one-third share of the cost would be financed using Tax Increment Financing, which would dedicate a portion of increased tax revenue from development along the line to fund construction.
John Tory reiterated his promise to immediately start building a Scarborough Subway extension as well as his pledge to provide new express bus services for areas like Don Mills Road, Liberty Village, and Dufferin Street.
Tory says the new SmartTrack line would generate relief by reducing passenger use of the Yonge-University-Spadina line as well as reducing car congestion in the areas serviced by the new line.