Costs of Scarborough subway extension, Eglinton West LRT far outweigh benefits, Metrolinx study finds - 2020-02-29

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F182.png Costs of Scarborough subway extension, Eglinton West LRT far outweigh benefits, Metrolinx study finds February 29, 2020, Desmond Brown, CBC News

The costs associated with the Scarborough subway extension and the Eglinton West LRT significantly outweigh their benefits, new business cases released by Metrolinx show.

In the case of the Scarborough subway extension, while it would generate $2.8 billion in economic benefits, the business case says, the estimated cost is almost three times that — up to $6 billion.

According to Metrolinx's guidelines, projects need a ratio of greater or equal to one to be economically viable, but the cost-benefit ratio for the Scarborough subway extension would be 0.66.

Wikipedia cite:
{{cite news | first = Desmond | last = Brown | title = Costs of Scarborough subway extension, Eglinton West LRT far outweigh benefits, Metrolinx study finds | url = https://www.cbc.ca/news/canada/toronto/cost-scarborough-subway-extension-eglinton-west-lrt-1.5480534 | work = CBC News | date = February 29, 2020 | accessdate = February 29, 2020 }}