TransLink asks Metro for increase to its borrowing limit to fund transit plan

TransLink is asking Metro Vancouver’s board of directors to support a bid to increase its borrowing limit by $1.5 billion so the transit authority can pay for capital investments in its 10-year regional transportation plan.
TransLink’s chief financial officer and vice-president of policy and planning appeared before Metro Vancouver’s finance and intergovernmental committee on Friday to discuss the proposal.
TransLink’s borrowing limit is $4 billion, but that would ne