New public transit investments to build strong communities, fight climate change, and create new jobs across Canada
OTTAWA, ON, Feb. 10, 2021 /CNW/ - Investing in public transit infrastructure shortens commute times for families, creates good middle class jobs, grows our economy, and cuts air pollution. Since 2015, the Government of Canada has invested more than $13 billion in 1,300 public transit projects for communities across Canada. This is the largest public transit investment in Canadian history, and as we build back better from the global COVID-19 pandemic, we will continue to make these smart investments that support Canadians.
The Prime Minister, Justin Trudeau, today announced $14.9 billion for public transit projects over the next eight years, which includes permanent funding of $3 billion per year for Canadian communities beginning in 2026-27. This announcement provides cities and communities the predictable transit funding they need to plan for the future, and is part of our plan to create one million jobs, fight climate change, and rebuild a more sustainable and resilient economy. These investments will:
Investing in public transit infrastructure will build strong communities across the country and deliver a better quality of life for all Canadians. The government will continue to invest in projects that best support our recovery, create middle class jobs and economic growth, and help us reach our climate targets. Together, we can create a Canada that is cleaner, more competitive, and more resilient for generations to come.
"As we build back better, it is time to ambitiously invest in modern and sustainable public transit across our country, to reduce congestion, to help create a million jobs, and to support cleaner and more inclusive communities. Permanent, long-term funding for public transit will mean new subway lines, light-rail transit and streetcars, electric buses, cycling paths and improved rural transit. It will mean that Canadians can get around in faster, cleaner, and more affordable ways. And it will help drive us to net-zero emissions and ensure a more sustainable future for our kids."
"Our government is committed to investing in public transit in communities across the country. We are working in collaboration with municipal, provincial and territorial governments to support Canadians in building a strong economy and clean environment."
"Investing in cleaner and more affordable modes of transportation is an important part of Canada's strengthened climate plan – one that means we will exceed our 2030 target and that will put us on a path to get to net-zero emissions by 2050. Transportation accounts for one-quarter of Canada's emissions and represents an area that is in need of smart climate investments, like the ones that we have announced today, to support good Canadian jobs, a stronger economy, and a healthier planet."
This document is also available at https://pm.gc.ca
SOURCE Prime Minister's Office