May 28, 2014

Edmonton light rail project receives $150M infusion

Photo courtesy zeitlupe (talk)

Photo courtesy zeitlupe (talk)
The Government of Canada set aside up to $150 million for the Edmonton Transit System’s Valley Line Stage 1 Light Rail Transit (LRT) expansion project under the New Building Canada Fund - Provincial-Territorial Infrastructure Component.

This contribution would bring the total federal contribution to the project to up to $400 million. The Province of Alberta and the City of Edmonton are also partners on this project.

The expansion of the Valley Line will provide LRT service extending from Mill Woods Town Centre to 102 Street, including a transfer point with Edmonton's existing LRT system, which serves the northeast, south and central areas of the city. The line will integrate directly into existing communities, with an initial projected daily ridership of 31,500 passengers, increasing to 42,000 by 2044.

By extending the transit system in Alberta's fastest growing city, residents and visitors will benefit from improved connectivity that will make Edmonton a more mobile, efficient and attractive place to live, learn and work, according to officials. This important project will connect people and goods, and encourage job creation, economic growth and long-term prosperity.

The project is the first funding announcement since the launch of the New Building Canada Fund, the Government of Canada's unprecedented long-term infrastructure plan.

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