City seeks more active role in financing Stage 2 LRT
Metro Ottawa

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By Kieran Delamont, Ottawa Metro News, August 30, 2017

City staff have issued a report to council providing an update on the status of the Stage 2 LRT project.

The report details further information about the plans to opt for 2.5 km of rail (rather than bus rapid transit) between Moodie’s Bay and Bayshore stations in Kanata and the extension of the Trillium line further south to Limebank Road, as well as outlining a revised approach to financing the $3.6-billion project.

City manager Steve Kanellakos, in a memo sent to members of council, noted that the report focuses on three areas: the continued design work being done to shore up the extent of Stage 2 LRT projects, long-term debt-cost avoidance, and minor changes to the project governance.

http://www.metronews.ca/news/ottawa/2017/08/30/city-seeks-more-active-role-in-financing-stage-2-lrt.html