Feds to provide $750M transit funding top-up to municipalities: Freeland
Posted February 17, 2022 12:30 pm.
Last Updated February 17, 2022 2:12 pm.
The federal government says it will be offering a one-time $750 million top-up of transit funding to municipalities hard hit by COVID-19 pandemic operating shortfalls.
Deputy Prime Minister and Minister of Finance Chrystia Freeland made the announcement while providing an update on the government’s ongoing efforts to stop nationwide COVID mandate protests on Thursday.
Freeland said the money would be contingent on two requirements; provincial and territorial partners must match the funding, and provinces must work to “peed up actions to improve housing supply” “Freeland said.
She didn’t provide any further details.
