Today, Prime Minister Justin Trudeau announced $58 million in Government of Canada funding for transit services in Mississauga through the Public Transit Infrastructure Fund (PTIF).
City projects approved through PTIF include the acquisition of up to 80 new 40 and 60-foot buses, the rehabilitation and replacement of more than 200 buses, improved pedestrian and cyclist access to Mississauga’s Transitway and GO stations, improved and enhanced MiWay stations and systems as well as trails and sidewalks.
“On behalf of the City of Mississauga and Members of Council, we welcome today’s news that the Federal Government has allocated unprecedented funding to help Canada’s cities, like Mississauga, press ahead with important city-building priorities like breaking gridlock and building transit,” Mayor Crombie said. “Mississauga’s Council-approved pre-budget submissions to the Federal Government repeatedly advocated for increased funding to build transit and infrastructure and we are seeing the priorities of Canada’s sixth-largest city reflected in today’s announcement.”
The PTIF program is an equal cost-share funding program that will see the Government of Canada and the City of Mississauga each contributing $58 million to complete the 51 approved Mississauga projects.
The PTIF program is part of the first phase of Investing in Canada, the Government of Canada’s $120 billion plan to support public infrastructure across Canada over the next 10 years. Under the program, the Government of Canada will contribute more than $200 million for the 312 projects approved in Ontario, representing 50 per cent of the total eligible costs.
To read the full news release, please click here.