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Jun 7, 2024 · The federal government is investing $6.9 million in three projects through the Public Transit Infrastructure Stream of the Investing in Canada Infrastructure Program, which supports the building, expansion, and upgrading of urban and rural transit networks.
- Federal government announces an investment in public transit ...
The federal funding would be allocated to provinces and...
- Backgrounder: Federal government launches the Canada Public ...
Public transit funding in Canada. Since 2015, the Government...
- Canada Public Transit Fund
The Canada Public Transit Fund is a historic investment that...
- Permanent, Integrated, and Locally Responsive: New ... - Canada
Permanent public transit funding is a transformative...
- Federal government announces an investment in public transit ...
Jul 17, 2024 · Trudeau pledges billions in permanent funding for public transit. That money will be divided into three categories: baseline funding for existing infrastructure, metro-region agreements for...
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Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that the Government of Canada intends to introduce legislation to invest up to $750 million to support municipalities facing transit operating shortfalls, in collaboration with provinces and territories. This one-time payment would help cities maintain service levels despite decreased ridership as a result of the pandemic.
February 17, 2022 - Ottawa, Ontario - Department of Finance Canada
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that the Government of Canada intends to introduce legislation to invest up to $750 million to support municipalities facing transit operating shortfalls, in collaboration with provinces and territories. This one-time payment would help cities maintain service levels despite decreased ridership as a result of the pandemic.
To increase the impact of this investment, funding would be conditional on provincial and territorial governments matching this federal contribution and accelerating their efforts to improve housing supply, in collaboration with municipalities.
“Fast, affordable, and reliable public transit is essential to making our cities liveable and to our economic recovery. Public transit helps Canadians get to work, reduces traffic congestion, and improves air quality. For many Canadians, it is also the only viable option for getting around. This investment will help keep Canadians moving and ensure our economic recovery leaves no one behind.”
- The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance
"Canadians rely on public transit to get to where they need to be, 365 days a year. The pandemic has been a challenge for transit operators across the country, but they have worked around the clock to support commuters. Our Government will continue to work collaboratively with our municipal and provincial partners to ensure that public transit remains reliable, timely and affordable."
- The Honourable Dominic LeBlanc, Minister of Intergovernmental Affairs, Infrastructure and Communities
•The federal funding would be allocated to provinces and territories based on the formula already used for the Public Transit stream of the Investing in Canada Infrastructure Program. This calculation is based on a mix of transit ridership (70 per cent weight) and population (30 per cent weight).
In July 2020, the federal government announced it would invest up to $2 billion to support municipalities with COVID-19 operating costs and $2.4 billion to cost-match any additional provincial/territorial contributions to public transit operations under the Safe Restart Agreement.
In March 2021, the federal government provided a one-time additional investment of $2.2 billion to address infrastructure priorities in municipalities and First Nations communities by doubling the Canada Community-Building Fund.
This proposed investment is also in addition to the $14.9 billion over eight years, with $3 billion per year in permanent funding starting in 2026-27, announced in 2021 for public transit projects across Canada.
Adrienne Vaupshas
Press Secretary
Office of the Deputy Prime Minister and Minister of Finance
Adrienne.Vaupshas@fin.gc.ca
Media Relations
Department of Finance Canada
- Department of Finance Canada
Public transit funding in Canada. Since 2015, the Government of Canada has invested over $30 billion in more than 2,000 projects across the country, supporting a variety of projects, from new subway lines in Canada’s biggest cities such as the Millenium Broadway Subway Extension project in Vancouver, to transit lines in major cities such as ...
Jul 26, 2024 · The Canada Public Transit Fund marks the largest public transit investment announcement in Canadian history, with a CA$30 billion commitment over 10 years. This funding, which will be provided through three streams, will aim to enhance and expand transit networks throughout the country.
The Canada Public Transit Fund is a historic investment that will support transit in communities of all sizes across Canada. Announced in 2024, the Fund will provide $3 billion per year for public transit and active transportation infrastructure, beginning in 2026-27.
Permanent public transit funding is a transformative investment in the future of Canadian communities. It will help upgrade and expand public transit and active transportation networks to best meet local infrastructure needs across rural, urban, and Indigenous communities.
