Bus

Canada begins $138M BRT project

Posted on September 8, 2008

The City of Winnipeg and the Province of Manitoba have reached a $138-million funding agreement to build a rapid transit system and dedicated bicycle paths linking south Winnipeg to the downtown Winnipeg area.

Winnipeg will contribute $30.75 million, which includes $17.5 million from the 2008 federal transit trust. The province will match the federal transit trust contribution of $17.5 million and will fund 50 percent of the net operating costs of the rapid transit system through its existing 50-50 transit funding agreement, fulfilling its legislative commitment under the Climate Change Act passed earlier this spring.

The new rapid transit corridor will utilize the innovative tax increment financing tool to capture any incremental growth from residential and commercial infill development along the rapid transit corridor. Tax increment financing is an investment and development tool that reinvests property and school taxes into certain areas to encourage infrastructure development that otherwise would not take place.

View comments or post a comment on this story. (0 Comments)

More News

BusCon returns to Indy

Each year, more and more people look forward to BusCon as a chance to network, learn about new trends and technology, and gain the tools that are necessary to revitalize the way they tackle their own operations.

Project team wins award for N.Y. bus time displays

The countdown clocks were developed in part to address concerns about the overall accessibility of MTA’s Bus Time system, which sends wait-time information to riders via text message, a QR code scan, or over a web site.

Boston could benefit from more BRT, report says

The report argues that the city should be pushing for the “gold standard” of BRT. That would include a control station that monitors buses and ensures they come at well-spaced intervals and enclosed stops that shelter customers.

Calif.'s OCTA to launch new bus design

The existing design, more than 20 years old, will be phased out to make way for the new look that prominently features a light blue and orange wave across the bus and the words “OC Bus.”

5 retired Honolulu buses to be turned into homeless shelters

According to the plan, each bus will serve a specific purpose, with some including restrooms and showers and others being equipped with beds.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The resource for managers of class 1-7 truck Fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close