Years after the city began the process of replacing its aging ferries to Toronto's harbour islands, the cost of two new vessels has nearly quadrupled from the original figures.
Several years after the city began the process of replacing its aging fleet of ferries travelling to Toronto’s harbour islands, the cost of two new vessels has nearly quadrupled from the original budgeted figures and councillors were probing whether additional costs could be incurred before they officially sign off on the order.every year. The four diesel-powered vessels in its current fleet are all over 60 years old and their age can result in unexpected service disruptions.
“There is an increase to cost and we know that there will also be a value for money benefit when it comes to emissions,” Deputy Mayor Ausma Malik said. Howie Dayton, the general manager of parks, forestry and recreation, said four electric ferries are estimated to save the city about $1 million per year in fuel and other additional costs. The ferries currently on order are required to be charged every four trips and staff said it would take about six minutes to complete each charge.
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