CBC reporter ponders wisdom of Ontario-owned subways

Veteran CBC Queen’s Park reporter and insider Mike Crawley writes Friday that there is an argument to made be for the Ford government approach to subways. Crawley says the financial advantage of provincial ownership of subways is Ontario’s power to amortize the capital cost, something the City cannot do. Under this financing model, when the province carries the subway construction cost on its books, the taxpayer’s transit dollar would in theory go further. Mike Crawley