Government of Canada Makes Significant Investments in Toronto's Public Transit System

[marmar]

via MassTransitMag:



Government of Canada Makes Significant Investments in Toronto's Public Transit System


Canada NewsWire



ONTARIO - The City of Toronto and the Toronto Transit Commission (TTC) is $100 million richer thanks to the recent transfer of federal funding from the Government of Canada for subway and bus infrastructure.

The $100-million investment represents one of the largest one-time reimbursements for federal public transit funding ever made by the Government of Canada. The federal funds transferred are a portion of an overall commitment of $350 million to the TTC.

"This investment demonstrates that the Government of Canada supports infrastructure projects in Toronto which improve quality of life and economic growth for residents and visitors," said Minister Cannon. "We've been able to flow significant federal funding in the City of Toronto and the TTC as part of our commitment to funding transit priorities right across the Greater Toronto Area."

Jim Flaherty, Minister of Finance and Minister Responsible for the Greater Toronto Area (GTA) called the substantial investment important for Torontonians. "These are critical investments in modern public transit that will help keep people moving efficiently throughout the GTA," said Minister Flaherty. "The Toronto Transit Commission operates the third most heavily-used urban transit system in North America, with approximately 1.2 million riders each weekday. Commuters across this city will benefit from our government's investment in the TTC." ......(more)

The complete piece is at: http://www.masstransitmag.com/web/online/Top-Transit-News/Government-of-Canada-Makes-Significant-Investments-in-Torontos-Public-Transit-System/3$6602

[nxylas]

1. Didn't Canada beat us in a war once?

Surely that should entitle their government to take over ours, by right of conquest. Please.