Management & Operations

Canada to invest $800 million in public transit

Posted on June 1, 2005

Under a new deal, the government of Canada will invest up to $800 million over two years in its public transit systems. The announcement was made Wednesday by Canada's Minister of State John Godfrey. These funds will be separate from, and in addition to, the five-year $5 billion gas-tax money announced in February for enivironmentally sustainable municipal infrastructure. This investment will support environmental objectives such as reducing air pollution and limiting emissions that contribute to global warming. Distribution of the investment to provinces and territories will be done on a per capita basis, and based largely on transit ridership. Funds will be used to refurbish and replace fleets, upgrade and refurbish terminals and garages, invest in new tunnels, stations and other structures and utilize new intelligent transportation systems designed to improve services for both passengers and operators.

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

More News

UTA's free-fare day adds 29K riders

The agency said the single-day ridership on FrontRunner commuter trains was up by 66% for a total of 30,016 boardings, while ridership on the TRAX light rail was up by 32%, for a total of 79,825 boardings.

Capital Metro selects new President/CEO

Randy Clarke has served as the VP, operations and member services, at the American Public Transportation Association since April 2016.

Berlin to offer sneakers with built-in transit pass

The sneakers will feature the unmistakable seat upholstery pattern featured on the city’s public transit fleet on the heel with the sneaker’s tongue featuring a fabric version of the annual BVG season ticket.

NJ Transit's Santoro resigns

Gov.-elect Phil Murphy will choose Santoro's successor.

Ill.'s Rockford Mass Transit District names new executive director

Michael Stubbe will be replacing Rick McVinnie, who has served as executive director for 25 of his 42 years with RMTD and will be retiring in 2018.

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 number 1 resource for vocational 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