PROVINCE CONTEMPLATING SELLING NAMING RIGHTS FOR GO TRANSIT STOPS

Aug 01, 2019

By Bob Komsic

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What’s in a name?  A lot of money in the Ford government’s view.
That’s why it’s considering selling naming rights for GO stations, parking lots, and even washrooms in a bid to find new revenue in the GTA.
Transportation Minister Caroline Mulroney says the province is sending the message that Ontario is ”open for business.”
”We’re keeping more money in people’s pockets by seeking innovative private sector partnerships in an effort to keep fare costs low,” added Mulroney in a statement.
The government believes it can make between $50,000 to $500,000-a-year on rights for some stations, that would retain their original names while also having a sponsor’s branding.
The province proposes signing five-to-10-year deals with those who buying the naming rights.
Queen’s Park will gauge interest from stakeholders the next 60-days.
Metrolinx operates GO Transit which includes 67 stations.
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