The price tag for Ontario Premier Doug Ford’s signature subway project has ballooned by billions of dollars — to $27.2 billion — Global News has learned.
That’s a 42 per cent increase from just two years ago, when the cost was estimated at between $17 billion and $19 billion.
The Ontario Line, which is set to run from the Ontario Science Centre to Ontario Place, was unveiled by Premier Doug Ford in 2019.
The project has so far cost taxpayers $5 billion in construction costs.
Global’s Colin D’Melo explains what’s behind the exploding price tag.
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