Minister's Statement on Final Transit Investment Strategy Report
Today, Glen Murray, Minister of Transportation and Minister of Infrastructure, released the following statement on the Transit Investment Strategy Advisory Panel's final report:
"The Government of Ontario received the Transit Investment Strategy Advisory Panel final report on how to fund public transit across the Greater Toronto and Hamilton Area (GTHA).
I would like to thank the panel chair, Dr. Anne Golden, and the other 12 panel members on their great work over the last few months.
Over the last three months, the panel met with residents in the GTHA to get input on Metrolinx's Investment Strategy recommendations, and considered other options to fund public transit.
We will review the panel's recommendations and will propose our plan in the spring.
Our government understands the importance of transit in the GTHA and the need to expand our transit network to help address lost productivity and ensure the region is competitive.
According to a 2013 Conference Board of Canada report, each $100 million of public infrastructure investment in Ontario boosts gross domestic product by $114 million, particularly in the construction and manufacturing sectors. In fact, the next wave of Metrolinx's Big Move projects is expected to create between 800,000 and 900,000 jobs.
Supporting transit expansion is part of our jobs and growth plan to invest in people, build modern infrastructure and support a dynamic and innovative business climate. By making the right decisions today, we will keep Ontario's economy moving for generations to come."