Investing in Canada plan funding stream: Public transit infrastructure
Investing in Canada plan funding stream: Public transit infrastructure
Through the Public Transit Infrastructure Fund, Budget 2016 focused on making immediate investments of $3.4 billion over three years, to upgrade and improve public transit systems across Canada.
To support the next phase of ambitious public transit projects, through Budget 2017 the Government will invest $25.3 billion over the next decade, including $5 billion invested by the Canada Infrastructure Bank.
Through new bilateral agreements with provinces and territories, the Public Transit stream will provide provinces, territories and municipalities with funding to address the new construction, expansion, and improvement and rehabilitation of public transit infrastructure, and active transportation projects.
These investments will help to improve commutes, cut air pollution, strengthen communities and grow Canada's economy.
For more information, visit: Budget 2017: Building a Strong Middle Class
For examples of projects under the Public Transit stream, click below:
- Brandon transit users to benefit from safer, more efficient and accessible transit services
- Huntsville residents to benefit from safer public transit stops
- Residents of St. Catharines to benefit from more reliable public transit
- New handi-transit vehicles to improve quality of life for Manitobans with mobility challenges
Other Investing in Canada plan funding streams
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