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Ford seeks private sponsors to fund Sheppard subway extension

TORONTO, On. – Mayor Rob Ford is fishing for private sponsors to fund the extension of the Sheppard subway.  The mayor’s office has sent a letter to Metrolinx advising the agency of the plan.

It would be a combination of provincial, private, and Toronto Transit Commission funds that would take the line from Fairview Mall to Scarborough Town Centre, Councillor Doug Ford told 680News

It would cost between $3-billion and $4-billion, and would be owned by the city.

Many investors worldwide are hungry to park their cash in a safe project, and the extension would be perfect, Ford said. 

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