The transit agency said it received an additional $472 million as part of the second phase of the agreement. The province also informed the city that it could receive $304 million in funding to deal with additional driver pressure. Read the Master Agreement Funding and Financial Reporting Agreement Operational Services Agreement Project Management Agreement The Province of Ontario and the City of Toronto agreed to the TTC subway system. The agreement also indicates that the group will explore the possibility that the province will assume only responsibility for the delivery of future projects and does not own these assets or that it will proceed with a full download of the subway. Examples of our licensing agreements and applications can be found on the Nih Office of Technology Transfer Model Agreements page, with the exception of the Exclusive Startup License. In a statement, Ford said it was “very pleased” with the agreement with the city. In November 2012, Metrolinx and TTC signed a master`s contract that defines the roles, responsibilities and long-term relationships for the provision of PRESTO on the TTC. Following a TTC request in early 2015 to accelerate the presto implementation plan, Metrolinx developed a plan to allow transit drivers to use the presto card in all subways, buses, trams and paratransexur vehicles by the end of 2016 — one year earlier than planned. “The maintenance and investment required in the metro system has been frightened for too long. We also waited too long for the subway extensions. The construction of the metro has been stuck in the bureaucracy for years. It`s time to take action and speed things up,” he said.
“This budget also continues the work we have done with the TTC and the city on a broader package of targeted covid-19 measures to help our weakest residents during the banning periods.” “The proposed budget ensures that the City of Toronto continues to the end of the pandemic and beyond. Since the launch of COVID, it is very clear that reducing the number of drivers and additional safety measures would have a devastating effect on the TTC budget,” said Robinson.