You were sent here looking to read about today's announcement of funding for the TTC. You'll find today's posting about that here.
However, I've also written about it before. There was nothing new in today's annoucement. The rumours began a month ago, but compared to the recent history of TTC funding promises, this is nothing special.
UPDATE Wednesday morning: The Urban Archi-Texture Blog has some of the details I missed. Namely, the federal commitment may have strings attached, and the cash may be weighted towards the end of the five year term.
Meanwhile, the Toronto Star's coverage is shameless: "New subway cars, more streetcar projects, environmentally friendly buses, the possibility of a single-fare ticket across Greater Toronto and, oh yes, maybe that subway to York University after all." is their lead paragraph when the bottom half of the article points out that this money won't even cover half of the state-of-good-repair maintenance budget.
UPDATE 2, A bit later Wednesday morning: Okay, it is actually much worse than I thought. Royson James itemizes the facts that show this deal is mostly hot air. There's just enough substance in it that we can't say no. However, as the Globe and Mail reports, there actually is no deal yet. It is still being negotiated.
The bottom line? Less money than Mike Harris promised, with most of it tied into special programs of interest to Martin or McGuinty. John Barber in the Globe and Mail: