Federal, provincial governments sign $1.49 billion transit agreement

Today the federal and provincial governments announced a bilateral agreement that will see the federal government provide $1.49 million in transit funding for projects in Ontario. The federal funding will be combined with money from the provincial government for a total of more than $2.97 billion in combined funding for transit projects in Ontario. Toronto, Ottawa, Barrie, Waterloo and Sudbury are slated to host the first projects approved under this envelope. You can find a full list of approved projects here.

The transit funding agreement announced today is the first phase of the federal government’s $60-billion infrastructure funding plan to help pay for projects across the country over the next ten years.

For more:

Federal Government: Canada and Ontario Sign Agreement for Public Transit Infrastructure Funding 

CBC: Federal, Ontario Liberals sign $1.49B transit funding agreement 


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s