Milton is getting over $7 million from the federal government toward public transportation.
The announcement came today when Member of Parliament Adam Van Koeverden and Mayor of Milton Gordon Krantz revealed the funding incentive through the Canada Public Transit Fund (CPTF).
The full price tag ($7.2 million) will be drip-fed into public transit incentives over the next 10 years from 2026 until 2036.
This will help Milton administrators upgrade, replace and modernize public transit infrastructure, especially since town officials have indicated that transit use throughout Milton has grown exponentially over the past few years.
“This significant investment of over $7.2 million through the Canada Public Transit Fund will enable us to enhance our public transit system, ensuring it meets the needs of our growing population. Reliable and modern transit infrastructure is vital for supporting our residents, fostering economic growth, and reducing our environmental footprint,” said Milton Mayor Gordon Krantz in an official statement.
Since 2015, the federal government has put aside $30 billion for public transit incentives nationwide and plans to provide an average of $3 billion a year to Canada’s municipalities via the CPTF in 2026.
“By making this investment, the federal government is helping to decrease pollution and traffic congestion, while making life more affordable,” said Adam Van Koeverden, Member of Parliament for Milton alongside the announcement.
According to the federal government, the CPTF also provides solutions on how to balance transit funding to better support housing and environmental objectives.
For more information on Milton’s new public transit budget, visit the Government of Canada’s official website.