That's the thing, a lot of people advocating for Ford's transit plan, didn't actually vote for Ford, or like him much. I personally don't like the guy or support him, but I do support his vision of expanding the subway system by looking at various other funding schemes for it.
His plan will have 25M more ridership than the LRT plan, and the kicker is that even though his plan reaches less ppl, the % of ppl in that area who will use transit is actually larger than the LRT plan that spans a much larger area. Essentially, with LRT you're providing transit to a greater base of citizens, but in reality, most will not use it.
We have to extend the subway system, we also have to pay for it. Implement a reasonable funding scheme to get it done. We will only get $8B once, we have to start looking at how we'll fund transit past the $8B. Saying LRT is the best option for the money is ludicrous, because we would have to extend transit afterwards regardless, and then we'd still need to look at how we'd fund stuff (like the DRL for instance). Choose an option that will work the best, and find a way to pay for it, whether it be through tols, taxes, or other financing tools.