The Prime Minister has announced a massive investment in public transit.
Justin Trudeau announced this morning that the federal government will be allocating $15 billion over the next eight years to fund public transit projects across the country.
He says part of that funding will go toward a permanent transit fund of $3 billion per year starting in 2026.
The money could be used for subway extensions, electrifying transit fleets, and for walkways and cycling pathways, as well as rural mobility needs.
Trudeau says the investments will lead to fewer vehicles on the roads and less pollution in the air.
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In a virtual news conference, PM Justin Trudeau announces $14.9 billion in funding for public transit projects over the next 8 years. That amount includes a $3 billion/year "permanent public transit fund" beginning in 2026, says the PM. #cdnpoli pic.twitter.com/lSzJ0l4pmG
— CPAC (@CPAC_TV) February 10, 2021