The governments of Canada and Ontario are working together to make long-term infrastructure investments to create economic growth, build inclusive communities and support a low carbon, green economy–leading to a higher quality of life for all Canadians.
On March 14, 2018, the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, and the Honourable Bob Chiarelli, Ontario Minister of Infrastructure, announced the signing of a bilateral agreement that will provide more than $11.8 billion over the next decade in federal funding dedicated to infrastructure projects under the Investing in Canada plan. The projects supported through this agreement will have a total value of over $31 billion, including $10 billion committed by the Ontario government. These projects will help transform Canada in four priority areas: public transit; green infrastructure; community, culture and recreation infrastructure; and rural and northern community infrastructure.
Under the public transit stream, Burlington will receive over $18 million in federal funding, almost $15 million in provincial funding and over $12 million in municipal funding for a total of over $45 million. Oakville will receive $26 million in federal funding, almost $22 million in provincial funding and almost $18 million in municipal funding for a total of $66 million. These investments will go towards building new urban transit networks and service extensions in both communities that will transform the way Canadians travel through their communities. This funding builds on the Public Transit Infrastructure Fund investments, announced last year in March 2017, which allocated over $3.4 million in new transit projects to Burlington and almost $5 million to Oakville.
I know that public transit is vitally important to my constituents in Oakville and Burlington. Before being elected to federal office, I worked as a Town Councillor in Oakville and saw first-hand the positive impact that better transit can have on our communities. I have been working with my colleagues in Parliament to advocate for transit funding for the past two years, so I am very pleased to see our government making this unprecedented investment in public transit infrastructure that will transform the way that constituents in my riding live, move, work and play. These investments will make a positive difference in communities, resulting in the better movement of people and goods, providing clean air and water, and enabling smarter and more efficient cities.
Through this bilateral agreement, the Government of Canada will be making unprecedented investments towards infrastructure across Ontario and providing the flexibility for its communities to identify their priorities and projects. The projects supported through this agreement will be cost-shared with the Ontario government, municipalities and other partners.
- Under the Investing in Canada plan, the Government of Canada is investing more than $180 billion over 12 years in public transit projects, green infrastructure, social infrastructure, trade and transportation routes, and Canada’s rural and northern communities.
- Under the first phase of the plan, Infrastructure Canada has approved nearly 3,500 projects worth a combined investment of more than $8.4 billion.
- As part of the Plan, Infrastructure Canada will deliver over 11.8 billion to Ontario over the next decade through a new bilateral agreement under four funding streams:
- $8,340,401,116 for public transit;
- $2,848,855,330 for green infrastructure;
- $407,159,893 for community, cultural and recreational infrastructure; and
$250,067,117 for wide-ranging infrastructure needs in rural and northern communities