The city has spent about $140 million on public consultation, design, and construction, and has signed contracts worth approximately $1.3 billion more. This includes a $54 million contract to build the tunnel-boring machines for the 20 km tunnel portion of the Eglinton line. Cancelling these contracts could cost taxpayers hundreds of millions in cancellation fees.
- The province has committed to $8.1 billion in funding, through Metrolinx (Metrolinx is the agency created by the Province to coordinate transit across the GTA). In 2010, the Province announced that the first half of the full funding will be available for the first phase of Transit City, the four main LRT lines.