Ah wasn't familiar with PPD as a term. Yeah I wouldn't rule out 180,000/day with a major Line 4 expansion some day. A bit high but could happen. However think if we ever are going to expand it'd be prudent to go with 4-car max. There are savings to be had. And not in some DoFo mur money in yur pocket, I mean just so it could a) actually be built, b) see more than a few km, c) doesn't needlessly siphon capital from other projects.
A gripe of mine is the hardset view that we must build things super large and super expensive. There are ways of doing it differently. Not in some obscure or overseas means. Literally right here in this city. E.g Line 3 and its original expansion/upgrade plan. 100m trains, operating from Kennedy/Eglinton to Progress/Sheppard (w/ allocation for future NE extension + poss new inline yard @ Bellamy). Some underground, some elevated, simple stations. That's how you build a network, that's how other cities have done it. Similar could've worked with Sheppard. Heck Line 3 and 4 could've been combined into a true inter-suburb subway. That's a network. But instead we got what we have now - a grossly overbuilt perma-truncation just so a couple blocks in North York are future-proofed for an epoch, and a former fridge salesman has bragging rights for such oversized infrastructure.
People go on about how other cities manage to build expansive networks, but oftentimes neglect to look at the details or ways they've achieved this. Leeway for diff types of rolling stock (some wide, some narrow, some long, some short), allowing transfers, parts built deep parts in the open. For a Western example Madrid gets praise for its large expansion, and surprisingly did that virtually all underground. But look at the station lengths: 60m, 90m, 115m. That's 'light' territory, but still 100% metro nonetheless. Similar can be found with systems in Asia, Europe, S.Am.
And if we do have supposed champions of hardcore future-proofing things in TO then they definitely make themselves scarce on other matters. South Jane LRT, south Don Mills LRT, the cattle car nightmare of Waterfront LRT approaching Union (10k pphpd on a single unit legacy LFLRV!), Spadina + Harbourfront being built with single unit LRV, the sad 504, RL termination at Osgoode, at-capacity gridlock for the surface network across the city. Where are those future-concerned bureaucrats whom called for a +30k pphpd capacity solution on Sheppard?