Federal government to spend $12B on Toronto, Hamilton transit

DM

The federal government will spend more than $12 billion on transit projects in Toronto and Hamilton. Infrastructure Minister Catherine McKenna said Tuesday that $10.4 billion in funding will go toward four “shovel ready” transit projects in Toronto — the Ontario Line, the Scarborough Rapid Transit replacement, the Eglinton Crosstown LRT and the Yonge-North subway extension. This funding will cover about 40 per cent of each project. However, none of these transit lines will be completed until at least 2029, said Ontario’s Transportation Minister Caroline Mulroney. The federal government will also help fund a light rail transit line in downtown Hamilton and buy zero-emission streetcars for the TTC, made at Thunder Bay’s Alstom automotive plant. More details about those projects will be announced in the near future. Prime Minister Trudeau said the “historic” agreement will reduce traffic congestion and pollution and create tens of thousands of jobs, as part of Canada’s economic recovery from the COVID-19 crisis. “Rapid transit shortens commutes, which gives parents more time with their kids and ensures kids will inherit a cleaner future,” Trudeau said.

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