The federal government has announced that it will invest more than $1.8 billion in the GO Transit Regional Express rail project in the Greater Golden Horseshoe Area. The funding announced is through the New Building Canada Fund – Provincial-Territorial Infrastructure Component.
Along with the province’s contribution to the GO Transit Regional Express rail project, this investment will be the single largest transit project in which the federal government has ever invested.
“Over the last few years the province has made significant progress towards modernizing the entire GO network, allocating $13.5 billion towards GO RER and another $7.8 billion to upgrade and extend the GO network to include regular service to Niagara and Bowmanville,” said Ontario premier Kathleen Wynne. “At $21.3 billion, the GO capital program is the largest commuter rail program in Canada. It is great that the federal government is now investing in this transformation. We welcome the Government of Canada’s partnership as we build modern and seamless transit options for the people of Ontario.”
Prime Minister Trudeau also announced today that more than 300 additional projects have been approved in Ontario under the Public Transit Infrastructure Fund.