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Published on Thursday, March 15, 2018

Oakville Transit getting $66.3M in trilateral government investment

OT to use funding to build new networks and service extensions

Oakville Transit getting $66.3M in trilateral government investment
— Photo by Nikki Wesley/Metroland
Oakville Transit will get $18M from the Town of Oakville, Mayor Rob Burton announced, to trigger more than $48M from the federal and provincial governments. Oakville MP John Oliver announced Oakville transit will be receiving more than $26.5M in federal funding and $21.8M in provincial funding to help build new urban networks and service extensions.
Oakville Beaver

OAKVILLE — Oakville’s public transit system is getting a combined investment of $66.3 million from three levels of government over the next decade to help build new urban networks and service extensions.

The joint announcement was made Thursday morning, March 15, at the Oakville Transit facility on Wyecroft Road and is part of an overall bilateral agreement to dedicate more than $11.8 billion (in federal funding) and $10 billion (in provincial funding) to infrastructure projects.

The projects, supported by the Investing in Canada plan, will be cost-shared with the Ontario government, municipalities and other partners, stated a media release.

Oakville Transit will receive approximately $26.5 million in federal funds, $21.9 million from the province and $18 million from the Town of Oakville.

“I believe long-term investments in infrastructure are key to building strong communities — connecting people, creating good jobs for the middle class, and building our economy and town for the future,” said Oakville MP John Oliver.

“Efficient and sustainable public transit plays an important role in keeping Oakville among the best places in the world to live, which is why I am so pleased to be announcing an unprecedented $26.5 million to support Oakville Transit,” he continued.

“Collaboration and partnership between all levels of government is critical to creating positive change; I look forward to working with municipal and provincial partners to continue to build this community today and for future generations.”

The bilateral agreement — signed by Minister of Infrastructure and Communities Amarjeet Sohi and Ontario Minister of Infrastructure Bob Chiarelli, on March 14 — is investing in four priority areas: public transit; green infrastructure; community, culture and recreation infrastructure; and rural and northern community infrastructure.

“At its core, infrastructure is about people…,” said Oakville MPP Kevin Flynn.

“This will help improved and maintain the (public transit) network that people in our community use to get to work in the morning and return home to their loved ones at night.”

Pam Damoff, Oakville North-Burlington MP, said she knows of the importance public transit has on Oakville residents, having worked as a town councillor for the municipality before being elected to federal parliament.

“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 residents of Oakville live, move, work and play,” she added.
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Author: Mayor Rob Burton

Categories: News




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