04/14/2014
Today, the Premier of Ontario, the Honourable Kathleen Wynne, announced $29 billion over ten years for transit in the Greater Toronto and Hamilton Area (GTHA) and transportation infrastructure across Ontario. The Province will create two funds - $15 billion for GTHA transit and $14 billion for transportation in the rest of Ontario - to support investments in priority infrastructure projects across the province such as public transit, roads, bridges, and highways. AMO supports better transit and raised questions early on regarding equity for communities outside the GTHA and the impact of potential revenue tools on residents and community competitiveness. The Government appears to have heard these concerns and reacted by seeking to ensure transparent revenue allocation for GTHA transit and transportation infrastructure outside of the region. We look forward to seeing how this transparency takes shape. In announcing the initiative, the Premier said that funding will come from such sources as: