More connected communities, flexible funding, and lower greenhouse gas emissions are some of the key topics highlighted in a new report on public transit funding in Canada. In 2021, Prime Minister Justin Trudeau announced a $14.9 billion investment in public transit projects over eight years, including permanent funding of $3 billion per year starting in 2026-27. The report, compiled following extensive consultation with the public and various stakeholders, aims to guide the implementation of permanent funding. The report emphasizes the need for stable and predictable funding that allows for flexibility in addressing various costs. It also calls for solutions tailored to the specific needs of different regions in the country. Additionally, the report emphasizes the importance of addressing social and environmental challenges and improving governance and decision-making processes. The government plans to provide predictable funding for routine maintenance and support long-term transit plans with funding agreements that consider housing and emissions reductions. The report also mentions the renewal of the Canada Community-Building Fund, which provides additional permanent funding to municipalities through provinces and territories. The government will establish an advisory body of experts to address the recommendations from the consultation process.
Report Urges Increased Transparency in Funding for Public Transit in Canada
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