Beginning April 2, 85 eligible municipalities in Ontario located outside of the Greater Toronto and Hamilton Area (GTHA) will be able to nominate their most critical public transit projects under the Investing in Canada Infrastructure Program (ICIP).
This stream of funding will provide for construction, expansion and improvement of public transit networks.
The first intake of the Public Transit stream of the 10-year infrastructure program will unlock up to $1.62 billion in joint provincial and federal funding for critical public transit outside the GTHA.
Municipalities can apply for all ICIP funding streams using the Grants Ontario website, a ‘one-window’ source that handles application intake, review, nomination, reporting and transfer payment management processes.
“Ontario transit agencies are pleased that the intake process has begun for the transit stream of ICIP funding. Municipalities across the province are ready to build transformative transit projects that make a difference to people’s daily lives,” said Karen Cameron, CEO of the Ontario Public Transit Association, in a statement.