Provincial Government Investing in Public Transit Improvements
Press Release
Ontario’s Government to improve transit, as it announced Tuesday the opening of $1.62 billion in shared funding for commuter-friendly projects.
“Our communities count on commuter infrastructure to get people to work and home again to their families,” said Monte McNaughton, Minister of Infrastructure. ”Our government’s investment will make public transit infrastructure better, safer, and more accessible.”
On April 2, 85 eligible municipalities located outside of the Greater Toronto and Hamilton Area (GTHA) will be able to nominate their most critical public transit projects for consideration under the Investing in Canada Infrastructure Program (ICIP). This stream will fund construction, expansion and improvement of public transit networks.
The first intake of the Public Transit stream of the 10-year infrastructure program will unlock up to $1.62 billion in joint provincial and federal funding for critical public transit outside the GTHA. In total, ICIP will unlock up to $30 billion in combined federal, provincial, and local investments in Ontario communities as part of a 10-year bilateral agreement.
“Our economy, communities, and families all rely on infrastructure,” said David Piccini, M.P.P. for Northumberland – Peterborough South. “The Public Transit stream will build and improve urban transit networks and service extensions that will transform the way that the people of Ontario live, move and work.”
Municipalities can easily apply for all ICIP funding streams using the Grants Ontario website, a ‘one-window’ source that handles application intake, review, nomination, reporting and transfer payment management processes.
“Our government is listening and has heard the infrastructure needs of our municipalities,” said M.P.P. Piccini. “We are committed to cutting red tape for local governments, while funding local infrastructure priorities in the province.”
Author: Pete Fisher
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