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 

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