Scarborough Subway Extension - Costs and Financing

In 2016 Mayor John Tory, left, and then chief planner Jennifer Keesmaat, right, said that by reducing the number of the stops on the Scarborough subway extension, there would be enough money leftover to pay for a multi-stop LRT extension of the Crosstown line east along Eglinton Ave. Soon after the cost estimates jumped and the LRT was priced out - TORONTO STAR FILE PHOTOS

Mayor John Tory arrives at a press conference at Kennedy Station on Feb. 28 with the latest report on the Scarborough subway - (Vince Talotta / Toronto Star)

The city plans to spend at least $3.35 billion on a subway in Scarborough - But the final costs are a long way off and there are fears it could cost much more - (Andrew Lahodynskyj / Toronto Star)