By Jon Willing, Ottawa Citizen, November 2, 2016
The Presto deal between the City of Ottawa and Metrolinx was going to expire last Thursday, but the two sides have agreed to an extension of 30 days to continue negotiations.
We previously reported that the city filed paperwork in court earlier this year in case the talks with the provincial Crown agency go south. The city has wanted a multi-year extension of the current deal, while Metrolinx has indicated it wants new terms in an effort to put Presto on a more sustainable financial footing.
http://ottawacitizen.com/news/local-news/city-hall-blog-city-gets-an-extra-month-in-presto-talks