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http://www.cbc.ca/news/canada/toronto/trudeau-transportation-1.3569602
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Prime Minister Justin Trudeau earmarks up to $840M for Toronto transit
CBC News Posted: May 06, 2016 6:00 AM ET Last Updated: May 06, 2016 11:44 AM ET
Prime Minister Justin Trudeau said "reliable public transit isn't a convenience, it's a necessity" while earmarking up to $840 million of federal money for Toronto transit on Friday. (David Donnelly/CBC)
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Prime Minister Justin Trudeau announced Friday that Toronto will receive up to $840 million for transit out of $3.4 billion in transit money announced in March's federal budget.
Trudeau said while the money "won't solve every funding challenge the TTC is facing" the announcement is unique in three ways:
He also made a joke about the Toronto Raptors' playoff run.
"I hear Jurassic Park is a pretty popular destination for TTC users these days," he said.
The money is "Phase 1" of Ottawa's funding plan, with the money going toward upgrading existing transit infrastructure. Phase 2 will be focused on building new transit.
Mayor John Tory thanked Trudeau for what he called an unprecedented commitment to Toronto's transit.
"It means that Toronto is finally receiving funding that acknowledges the unique pressures on our system and the vital role it plays on the health of our city," said Tory.
Tory said the money will help make Toronto's transit system "modern, reliable and safe." He added that the money can go toward upgrading signals and making stations more accessible for passengers with disabilities.
Ontario Transportation Minister Steven Del Duca said the announcement is part of a "transit Renaissance" happening because all three levels of government are working together.
Trudeau made the announcement this morning at the TTC's Greenwood subway yard.
UPDATED
Prime Minister Justin Trudeau earmarks up to $840M for Toronto transit
CBC News Posted: May 06, 2016 6:00 AM ET Last Updated: May 06, 2016 11:44 AM ET
Prime Minister Justin Trudeau said "reliable public transit isn't a convenience, it's a necessity" while earmarking up to $840 million of federal money for Toronto transit on Friday. (David Donnelly/CBC)
3 shares
Prime Minister Justin Trudeau announced Friday that Toronto will receive up to $840 million for transit out of $3.4 billion in transit money announced in March's federal budget.
Trudeau said while the money "won't solve every funding challenge the TTC is facing" the announcement is unique in three ways:
- Toronto will receive the money this year.
- The federal government will fund up to 50 per cent of cost of the projects.
- How the money will be spent is up to the city, not Ottawa.
He also made a joke about the Toronto Raptors' playoff run.
"I hear Jurassic Park is a pretty popular destination for TTC users these days," he said.
The money is "Phase 1" of Ottawa's funding plan, with the money going toward upgrading existing transit infrastructure. Phase 2 will be focused on building new transit.
Mayor John Tory thanked Trudeau for what he called an unprecedented commitment to Toronto's transit.
"It means that Toronto is finally receiving funding that acknowledges the unique pressures on our system and the vital role it plays on the health of our city," said Tory.
Tory said the money will help make Toronto's transit system "modern, reliable and safe." He added that the money can go toward upgrading signals and making stations more accessible for passengers with disabilities.
Ontario Transportation Minister Steven Del Duca said the announcement is part of a "transit Renaissance" happening because all three levels of government are working together.
Trudeau made the announcement this morning at the TTC's Greenwood subway yard.