Backgrounder: New public transit funding available for transformative infrastructure projects in Waterloo

Backgrounder

Supporting new projects that build prosperous communities and transition to a clean growth economy

Under the $180 billion Investing in Canada infrastructure plan, the Government of Canada is signing new bilateral agreements with all provinces and territories. The new bilateral agreements will see more than $33 billion in federal investment towards significant infrastructure projects across the country. The objective of these investments will be to transform the way Canadians live, move and work in four priority areas:

  • Public transit;
  • Green infrastructure;
  • Community, culture, and recreation infrastructure; and
  • Rural and northern communities.

Ontario will match new federal funding in part through its provincial infrastructure plan, which is investing more than $190 billion over 13 years.

Public Transit Stream

The Public Transit stream will provide provinces, territories and municipalities with funding to address the new construction, expansion, and improvement and rehabilitation of public transit infrastructure.

The table below provides an overview of the maximum transit allocations for the following municipalities:

Municipality

Federal Allocation

Provincial Allocation

Collingwood

$2,002,443

$1,652,016

Hanover

$307,125

$253,378

Meaford

$40,258

$33,213

North Perth

$75,793

$62,529

Owen Sound

$1,842,316

$1,519,911

Perth East

$106,749

$88,068

St. Mary's

$105,274

$86,851

Stratford

$5,667,014

$4,675,287

Wasaga Beach

$656,517

$541,627

Waterloo

$187,011,925

$154,284,838

West Perth

$35,064

$28,928

* Provincial allocation is assumed based on a 33% cost share with the Government of Canada

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