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Government Invests in Waterloo Region’s Public Transit
System
Waterloo-Wellington
MPP Ted Arnott is pleased that the Province of Ontario
will invest $1.5 million into Waterloo Region’s public
transit system to help replace and refurbish their buses.
“I
am pleased that our Government has provided Waterloo
Region with this funding to help support the improvement
of its public transit system,” said Mr. Arnott. “Building
a strong transportation network is paramount for the
safe and healthy growth and development of our communities.”
The
funding is to be allocated under the Ontario Transit
Renewal Program, which funds bus replacement and major
bus refurbishment that would extend the life of a bus
for a minimum of six years.
“Every
day millions of people in Ontario rely on transit to
get them to work, school or play,” said Transportation
Minister Norm Sterling. “By upgrading existing and ageing
transit fleets, we will be able to keep our transit
systems moving quickly and efficiently.”
This
announcement is part of the Provincial Government’s
$3.25 billion, 10-year transit plan for Ontario. The
Government has committed to sharing up to one-third
of eligible municipal transit renewal costs through
its Ontario Transit Renewal Program, a program that
is dedicating $103 million to 47 municipalities in 2003.
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