Transit Infrastructure Funding Enters New Phase in Ottawa
Last week marked a turning point in how the federal government will approach transit funding. The first sign came on Thursday when the Prime Minister announced a federal commitment of $1.283 billion for the Réseau électrique métropolitain, or REM. Then on Friday, the Prime Minister was in Ottawa to announce more than $1 billion for Phase 2 of Ottawa’s LRT plan.
These are major investments by the government in urban transit and show that its infrastructure investment strategy is turning a corner. Whereas in Phase I of the Public Transit Infrastructure Fund (PTIF) the focus was on rehabilitation, capacity building and the infrastructure backlog, Phase II of the program (details of which are not yet public) will be focused much more on major, transformative capital projects.
CUTA will continue to engage with the government to ensure that the industry’s best practices and concerns are shared with at the federal level during this pivotal time. We encourage all transit systems to enter into discussions with their municipalities and provinces to ensure preparedness for new capital funding. If you would like to learn more, please contact Jeff Mackey at email@example.com.