Canada allocates $2.2 billion for public transit funding nationwide
Canada allocates $2.2 billion for public transit funding nationwide

Canada allocates $2.2 billion for public transit funding nationwide

News summary

The Canadian federal government has announced significant investments in public transit infrastructure across various regions, totaling over $3 billion annually starting in 2026 as part of the Canada Public Transit Fund. In Ontario, over $222 million in annual funding will be distributed among 42 municipalities to modernize transit systems and enhance housing affordability, while similar investments of more than $663 million are earmarked for Metro Vancouver to address critical transit needs stemming from population growth. Ottawa is set to receive over $180 million over ten years to upgrade its transit systems, amidst ongoing calls for operational funding to sustain services affected by decreased ridership. These investments are framed as crucial for reducing greenhouse gas emissions and promoting transit-oriented communities. Officials emphasize the long-term nature of this funding, which aims to support the development of efficient and accessible public transit networks across Canada. The initiative is touted as the largest public transit investment in Canadian history, reflecting the government's commitment to improving connectivity and sustainability.

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