Metrolinx writes off $500M in signalling upgrades that are no longer useful (opens original article in a new tab)
Ontario's Metrolinx writes off $504 million in signalling upgrades after revising its GO train expansion plans, making the investment obsolete, though some work will be reused in new projects.
- Metrolinx writes off $504 million on signalling upgrades for the Union Rail Corridor due to changed expansion plans
- The writeoff occurs after Metrolinx revised its GO train service expansion strategy, rendering previous work obsolete
- A usable portion of the completed work will be integrated into new expansion plans
- Metrolinx CEO Michael Lindsay has shifted focus from consultants to full-time staff and increased network closures for construction
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