Moving Ontario forward – major funding for transit, transportation projects

Premier of Ontario, Canada, Kathleen Wynne has announced the Ontario government's plan to build a seamless and integrated transportation network across the province, Moving Ontario Forward, to create jobs, boost productivity and help every part of Ontario grow and prosper. The robust plan would put in place dedicated and substantial funding for public transit and transportation infrastructure. It would make nearly US$26.4 billion available over the next 10 years for investments in priority infrastructure
April 17, 2014 Read time: 2 mins
Premier of Ontario, Canada, Kathleen Wynne has announced the Ontario government's plan to build a seamless and integrated transportation network across the province, Moving Ontario Forward, to create jobs, boost productivity and help every part of Ontario grow and prosper.

The robust plan would put in place dedicated and substantial funding for public transit and transportation infrastructure. It would make nearly US$26.4 billion available over the next 10 years for investments in priority infrastructure projects across the province such as public transit, roads, bridges and highways.

The province would create two dedicated funds - one for the Greater Toronto and Hamilton Area (GTHA) with up to US$13.6 billion available for investment in transit and one for the rest of the province with nearly US13 billion available for investment in roads, bridges, transit and other critical infrastructure.

Funding sources for Moving Ontario Forward would include new revenue measures, repurposed revenues and a responsible level of debt financing.
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