A major transit boost for Waterloo Region and the City of Guelph.
Both the provincial and federal governments are pitching in over $340-million for local transit infrastructure projects in the Region – while Guelph is receiving over $100-million.
The funding will be handed out over the next 10 years, and will help create new urban transit networks and service extensions
In a release, Mayor Cam Guthrie says quote – “This funding opens up new possibilities for improving service and attracting new riders. This is an exciting day for the City of Guelph!”
— Mayor Cam Guthrie (@CamGuthrie) March 16, 2018
Both city and regional staff will sit down over the next few weeks to create their proposals, which will then be submitted to the federal-provincial program for approval.
The whopping $341-million investment comes as Waterloo Region will receive over $187-million from the Government of Canada, and up to $154-million from the Province of Ontario.
For Guelph, the Royal City is set to receive up to $58-million in federal funding and up to $48-million in provincial funding – totaling $106-million.
The funding is from the ‘Investing in Canada’ plan – which aims to make a positive difference in communities, and transform the way Canadians live, move and work.