Management & Operations

Ontario transit systems to receive $680 million

Posted on October 21, 2004

Public transit systems across Ontario will share a total of $680 million over the next three years from a provincial gasoline tax, which will be raised in increments until 2006.

According to the Toronto Star, the Toronto Transit Commission (TTC) will receive the majority of the funds, or $355.3 million.

Government officials said the move to devote 2 cents per liter of the gas tax to transit is part of a push to convince people to change their commuting habits.

The TTC could use the money in several ways, including refurbishing or replacing streetcars, building light rail or expanding subways.

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