ARCHIVED - Canada and Ontario Invest in Six GO Transit Projects in the Greater Toronto Area
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Stimulus funding will create jobs, boost local economy
Toronto, Ontario, April 16, 2010 – Residents and commuters will benefit from federal and provincial infrastructure funding towards six GO Transit projects in the Greater Toronto Area (GTA). The Honourable Jim Flaherty, Minister of Finance and Member of Parliament for Whitby–Oshawa, and the Honourable Kathleen Wynne, Minister of Transportation and Member of Provincial Parliament for Don Valley West, today announced a combined total of up to $16.6 million in federal and provincial funding towards the projects.
"Today's announcement is another example of the strong partnership between Canada and Ontario in delivering the Economic Action Plan where it's needed most," said Minister Flaherty.
"This funding will address transit needs throughout the GTA, help ease commutes, and reduce congestion across the GO Transit system and beyond."
"As part of the McGuinty government's Open Ontario Plan, these strategic infrastructure investments will create and support jobs today and build foundations for tomorrow," said Minister Wynne.
"Investments in public transit reduce congestion and greenhouse gas emissions and improve our quality of life. By working together we will make Ontario an even better place to live, work and play."
The joint investment will support the widening of six railway bridges in the GO Transit Weston subdivision to accommodate a fourth track for the Georgetown South corridor. Total eligible project costs are estimated at $16.6 million. The governments of Canada and Ontario are each providing up to $8.3 million towards the projects.
The Government of Canada's contribution for this project is being provided through the $4-billion Infrastructure Stimulus Fund, a key component of Canada's Economic Action Plan, which invests in infrastructure projects across Canada to stimulate economic activity and create jobs.
The contribution from the Government of Ontario will be from the two-year, $32.5 billion infrastructure commitment laid out in the 2009 Ontario Budget – Confronting the Challenge: Building Our Economic Future.
To date, the governments of Canada and Ontario have committed more than $13 billion in joint funding for more than 6,400 infrastructure projects across the province to stimulate the economy and create jobs. During these challenging economic times, the governments of Canada and Ontario have taken steps to get shovels in the ground and funding into targeted infrastructure projects across the province.
Find out more about the Government of Canada's Economic Action Plan.
Get more information about the Government of Canada's Infrastructure Stimulus Fund investments.
See how the Government of Ontario is helping to build and revitalize infrastructure across the province.
Office of the Honourable Jim Flaherty
Office of the Honourable Kathleen Wynne
INFRASTRUCTURE INVESTMENTS IN GO TRANSIT
The Government of Canada established the $4-billion Infrastructure Stimulus Fund through the Economic Action Plan, which provides funding to infrastructure projects that can be completed by March 31, 2011. This initiative is structured to flow funding and get shovels in the ground quickly to stimulate economic activity and create jobs.
Under the Infrastructure Stimulus Fund, the governments of Canada and Ontario are providing almost $16.6 million in joint funding for six GO Transit projects across the Greater Toronto Area. Funding will support the widening of six railway bridges in the GO Transit Weston rail subdivision in order to accommodate a fourth track for the Georgetown South corridor.
The governments of Canada and Ontario will each provide up to $8.3 million towards the total eligible costs of the following initiatives.
|PROJECT TITLE||PROJECT DESCRIPTION||TOTAL INVESTMENT|
|Bloor Street Bridge||Widening of a railway bridge in the GO Transit Weston Subdivision||$2.5 million|
|Brock Street Bridge||Widening of a railway bridge in the GO Transit Weston Subdivision||$2.2 million|
|Dufferin Street Bridge||Widening of a railway bridge in the GO Transit Weston Subdivision||$3.4 million|
|Dupont Street Bridge||Widening of a railway bridge in the GO Transit Weston Subdivision||$2.5 million|
|Lansdowne Avenue Bridge||Widening of a railway bridge in the GO Transit Weston Subdivision||$3 million|
|Queen Street Bridge||Widening of a railway bridge in the GO Transit Weston Subdivision||$3 million|
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