The SmartTrack Stations Program (the “Program”) represents a significant investment to improve transportation choices within Toronto, leveraging existing transit infrastructure to serve more people. Combined with Metrolinx's GO Expansion Program, SmartTrack will transform heavy rail infrastructure in Toronto from a regional commuter service into an urban rapid transit network. At its March 29, 2023, meeting, City Council adopted EX3.9 SmartTrack Stations Program - Update, directing the City Manager to negotiate with the Province of Ontario for the Province to commit to paying all amounts above the original Program Budget of $1.463 billion, which as of the date of the report, were estimated at $234 million. Negotiations with the Province of Ontario began in earnest post City Council direction on March 29, 2023 and are currently ongoing. City staff anticipate that negotiations will conclude imminently. As such, the purpose of this report is to note that City staff will provide a supplementary report with the details on the outcome of negotiations as soon as possible.
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