Wednesday, November 07, 2007

Feds say Ontario will get $7.9B in infrastructure funding; enough for transit plan - Canadian Press

For once, there's good news in the paper!

According to a story by the Canadian Press, the federal government is set to announce $7.9 billion in infrastructure funding for Ontario, almost $2 billion more than their share of MoveOntario 2020. This announcement essentially assures that 52 projects to build over 900 kilometres of rapid transit in the GTA will go ahead sooner rather than later, and that there will be additional funding for other regional centres.

MoveOntario 2020 was not only unprecedented in magnitude, but the plan's key strength  is that it draws its ideas from projects already on the books - projects that had been proposed, vetted and were simply awaiting funding. While I don't necessarily agree with all of the particulars of all of the projects, MoveOntario 2020 is the best we've seen so far, and it's great to see that it has support from all levels of government.

The next 12 years will turn the GTA into one giant construction site, but the freedom from gridlock will be worth the wait.

------------------

From now on, I won't be pasting entire newspaper articles into my posts. It should improve the readability, but there is a strong possibility that links to the newspaper articles will become dead after a few weeks. Feedback on this change is appreciated.

Labels: , ,

2 Comments:

At 11/10/2007 10:30 a.m. , Anonymous Andy MJ (a.k.a The GTA Patriot) said...

I am still in disbelief that this is actually happening. For once, we actually have funding to implement a plan. Although I may not be in agreement with all of the proposals, something is better than nothing. Its nice to see that more funding was made available. I just hope that Dalton McGuinty uses this money for its intended purpose and does not decide to use it for something else. I am sure he was not expecting this kind of funding from the Federal government.

 
At 11/10/2007 1:22 p.m. , Blogger Andrae Griffith said...

Since its unlikely all the MoveOntario 2020 will be build at once, the province will likely spend the federal and provincial money as the projects get started. Even if they don't spend it all on GTA transit right now, there will be plenty of new funding announcements from the federal government in the next 12 years (and a month).

 

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home