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A Chinese company has pulled an offer to purchase Toronto’s four tunnel boring machines.

Lovsuns Tunnelling Canada wrote to the TTC over the weekend indicating that it will not be proceeding with its bid.

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“After three weeks of continued prompts, the Ministry of Commerce of the People’s Republic of China has unfortunately rejected the import application for the 4 sets of TBMs,” a letter dated July 20 stated.

“Lovsuns Tunneling Canada Limited is continuing to actively look for potential clients in the Asian area in hopes of the opportunity to cooperate with TTC once again.”

The prospective sale had piqued the interest of Mayor Rob Ford, who scheduled a meeting with TTC CEO Andy Byford on Wednesday to discuss the matter.

“The mayor is interested in building subways and he wants to discuss this with Mr. Byford more,” Amin Massoudi, the mayor’s spokesman, said on Tuesday. “He wants to get some more facts behind the reasoning behind why they would look at selling these machines.”