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Province denies report it will chip in for ongoing TTC funding

The province is denying a Globe and Mail report that it will contribute to the TTC’s operating budget.

The newspaper reported that members of mayor-elect John Tory’s transition team as well as TTC CEO Andy Byford were feeling optimistic the funding would come in light of recent meetings.

However, Transportation Minister Steven Del Duca denied the report at a news conference in Barrie on Thursday morning.

Del Duca called the story “incorrect” and “false.”

Touting the Eglinton LRT, Del Duca said the province will continue to fund similar capital projects.

“We will continue to have conversations with mayors … to keep delivering those positive results,” Del Duca said.

Tory and Wynne are expected to meet in the coming weeks.

The Mike Harris government cut operation funding for public transit in the ’90s, leaving the TTC to rely on fare boxes and property taxes to cover all those costs.

Tory will be officially sworn in as mayor on Dec. 2.

TTC CEO Andy Byford said he met with senior provincial bureaucrats about two months ago to discuss funding prospects and left feeling “positively optimistic,” the Globe and Mail had reported.

While on the campaign trail, Tory promised to work with other levels of government and secure funds for major files like transit and housing.