The Government of Canada, Ontario, and Toronto approve a single-source contract with Alstom for new Line 2 subway trains. This decision aims to support Canadian jobs, address economic uncertainties, and ensure reliable trains. The competitive bidding process has been terminated in favor of Alstom, with negotiations ongoing to secure the best product at the best price. The contract includes an initial order of 70 six-car train sets, with 55 replacing the Line 2 fleet and 15 for extensions. The decision to manufacture trains at Alstom’s Thunder Bay facility secures jobs for Unifor workers. Ontario pledges $500m for GO Transit refurbishment.

Read more at Yahoo Finance: Canadian government authorities approve single-source TTC subway contract with Alstom