Milton offered $7.2m under new Canada Public Transit Fund

eAwazLocal News

Milton – Member of Parliament Adam Van Koeverden, alongside Mayor Gordon Krantz, announced over $7.2 million in funding for the Town of Milton’s public transit infrastructure through the Baseline Funding stream of the Canada Public Transit Fund (CPTF).

This funding, which will be delivered over 10 years from 2026 until 2036, will help advance key improvements to Milton’s public transit system. Providing predictable funding will help the Town with long-term planning, and enable them to upgrade, replace, or modernize current public transit and active transportation infrastructure. Ridership on public transit in Milton continues to grow rapidly. Baseline funding is conditional on the Town of Milton submitting a capital plan, and the subsequent signing of a funding agreement.

The Canada Public Transit Fund is the largest public transit investment in Canadian history. It is designed to meet the unique needs of communities of all sizes, from large metropolitan areas, to mid-size and smaller communities, including rural, remote, northern and Indigenous communities. The Fund will deliver stable funding for municipalities and transit agencies with the resources they need to plan and implement key public transit projects that will meet their needs for decades to come.

“Milton is one of Canada’s fastest growing communities and our public transit system needs to keep pace. The federal government is investing over $7 million over 10 years so that Milton can benefit from updated public transit that connects residents to places, services, family, and friends. By making this investment, the federal government is helping to decrease pollution and traffic congestion, while making life more affordable.”- Adam Van Koeverden, MP for Milton

“Today’s announcement is a pivotal moment for the Town of Milton as we continue to build a community that is connected, sustainable, and ready for the future. This significant investment of over $7.2 million through the Canada Public Transit Fund will enable us to enhance our public transit system, ensuring it meets the needs of our growing population. Reliable and modern transit infrastructure is vital for supporting our residents, fostering economic growth, and reducing our environmental footprint. On behalf of the Town of Milton, I extend my gratitude to the federal government for their commitment to our community’s success.” – Gordon Krantz, Mayor of the Town of Milton