December 19, 2016
TORONTO—St. Paul’s MPP Dr. Eric Hoskins announced today that the provincial government is investing $170,817,922 for Toronto’s transit system to reduce congestion, shorten commute times, and help people get to their destination faster.
“This significant support from the province is helping the City of Toronto improve its public transit network. Thanks to stable funding provided through the gas tax program, the TTC can make improvements that benefit local commuters, families and visitors to our community,” said Hoskins.
This year, the City of Toronto is receiving $170,817,922 in gas tax funding to support public transit upgrades and enhancements that could include purchasing new transit vehicles, adding more routes, extending hours of service, or improving accessibility.
Improving and expanding public transit also helps reduce air pollution and meet the province’s greenhouse gas emission reduction targets. One bus takes up to 40 vehicles off the road, and keeps 25 tonnes of greenhouse gas emissions out of the atmosphere each year.
Supporting stronger public transit systems is part of our plan to create jobs, grow our economy and help people in their everyday lives.
Ontario’s gas tax program provides municipalities with two cents per litre of provincial gas tax revenues. The program was made permanent in 2013 to provide a stable source of funding for municipalities.
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