Canada And Ontario Invest In Six GO Transit Projects In The Greater Toronto Area
Residents and commuters will benefit from federal and provincial infrastructure funding towards six GO Transit projects in the Greater Toronto Area (GTA).
"Today's announcement is another example of the strong partnership between Canada and Ontario in delivering the Economic Action Plan where it's needed most," said Minister Flaherty. "This funding will address transit needs throughout the GTA, help ease commutes, and reduce congestion across the GO Transit system and beyond."
"As part of the McGuinty government's Open Ontario Plan, these strategic infrastructure investments will create and support jobs today and build foundations for tomorrow," said Minister Wynne. "Investments in public transit reduce congestion and greenhouse gas emissions and improve our quality of life. By working together we will make Ontario an even better place to live, work and play."
The joint investment will support the widening of six railway bridges in the GO Transit Weston subdivision to accommodate a fourth track for the Georgetown South corridor. Total eligible project costs are estimated at $16.6 million. The governments of Canada and Ontario are each providing up to $8.3 million towards the projects.
The Government of Canada's contribution for this project is being provided through the $4-billion Infrastructure Stimulus Fund, a key component of Canada's Economic Action Plan, which invests in infrastructure projects across Canada to stimulate economic activity and create jobs.
The contribution from the Government of Ontario will be from the two-year, $32.5 billion infrastructure commitment laid out in the 2009 Ontario Budget - Confronting the Challenge: Building Our Economic Future.
To date, the governments of Canada and Ontario have committed more than $13 billion in joint funding for more than 6,400 infrastructure projects across the province to stimulate the economy and create jobs. During these challenging economic times, the governments of Canada and Ontario have taken steps to get shovels in the ground and funding into targeted infrastructure projects across the province.