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Government of Canada to fund LRT and metro rail projects in Ontario [free access]

May 14, 2021

The government of Canada and the province of Ontario have announced plans to split the project cost of the proposed Hamilton Light Rail Transit (LRT) project in Ontario. The project is expected to cost CAD3.4 billion. The government of Canada and the province of Ontario will each contribute CAD1.7 billion. The project’s life-cycle costs will be covered by the government of Ontario. The Hamilton LRT project will span 14 km, serve 17 stops, and connect McMaster and Eastgate. The line will have an average end-to-end commute time of 32 minutes.

 

Additionally, Canada’s federal government has announced plans to cover up to 40 per cent (CAD10.4 billion) of the CAD26.8 billion capital costs associated with Ontario’s four subway projects. The projects are the Ontario Line, the three-stop Scarborough Subway Extension, the Yonge North Subway Extension, and the Eglinton Crosstown West Extension. The CAD10.4 billion funding will be combined with CAD17 billion that Ontario had previously committed towards the four subway projects.

 

(1 CAD [Canadian Dollar] = 0.83 USD)