Transit welcomes new funding in Toronto
The Canadian Urban Transit Association welcomed the federal government’s investment of $10.7 billion for transit projects in Toronto.
The funds will go to four subway projects: the Ontario Line, the Scarborough subway, the Eglinton Cross Town, and the Yonge North subway extension.
“Building public transit makes our cities move better, creates family-supporting jobs, and lowers emissions,” said Marco D’Angelo, CUTA’s president. “The federal government’s support of these crucial provincial projects will make the Toronto area less congested and make transit more accessible to more people.”
Of all the infrastructure classes, public transit creates the most jobs per dollar of investment, and will help the economy recover from the pandemic. For every dollar that’s invested, $1.50 in economic activity results.
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