Toronto City Council will meet today to decide what kind of transit to build in Scarborough.

There’s been lots of talk about replacing the aging rapid transit line with a subway instead of light rail transit. The subway would cost between  1.1- and 1.6-billion dollars more than an LRT.

Mayor Rob Ford met yesterday with Ontario Transport minister Glenn Murray. Afterward, Murray said the province needs to get a definitive decision from the city. It will proceed based on that decision.

Mayor Ford says he spoke with federal finance Minister Jim Flaherty on the weekend. He says Ottawa could come to the table as well, but Flaherty didn’t offer a specific amount.

Ford has also said he’d be willing to consider increasing taxes by a quarter of a percentage point to fund the subway extension. That’s much less than a staff report says will be necessary to fund a subway, but Ford says it’s all residents can afford.