Backgrounder: Canada and Ontario announce funding for 11 public transit projects in Toronto
Backgrounder
A new list of transit projects has been approved under the Canada-Ontario Public Transit Infrastructure Fund (PTIF) agreement, which is designed to address key infrastructure priorities with a focus on repairing and upgrading existing facilities and assets.
The Government of Canada is providing Ontario with over $1.48 billion under PTIF, and will fund up to 50 per cent of the eligible project costs.
As part of the bilateral agreement with Ontario, the following 11 projects in Toronto have been approved for federal funding amounting to more than $30 million.
Ultimate Recipient |
Project Name |
Federal Funding |
Anticipated Start Date |
City of Toronto |
Opportunities to Improve Transit Service - Transit Priority Measures |
$10,000,000 |
April 1, 2016 |
City of Toronto |
Surface Way Building Replacement |
$16,585,000 |
April 1, 2016 |
City of Toronto |
King Street Modelling Study |
$300,000 |
October 1, 2016 |
City of Toronto |
Reimagining Yonge Street Design |
$2,000,000 |
November 1, 2016 |
City of Toronto |
Exhibition Place/Ontario Place Land Bridge Study |
$300,000 |
November 15, 2016 |
City of Toronto |
Union Station - Signage and Wayfinding |
$200,000 |
January 1, 2017 |
City of Toronto |
Union Station - Cove Lighting |
$50,000 |
January 1, 2017 |
City of Toronto |
Union Station - Security Access Tunnel |
$150,000 |
February 1, 2017 |
City of Toronto |
Union Station - Northwest PATH |
$464,000 |
March 1, 2017 |
City of Toronto |
Union Station - Security Analysis |
$250,000 |
April 1, 2017 |
City of Toronto |
Surface Transit Operational Improvement Studies - Phase 3 |
$250,000 |
September 1, 2017 |