Barrie will receive federal funding of almost $11.4 million during the next 10 years to upgrade, replace or modernize and maintain the city’s public transit infrastructure.
This investment is designed to help increase the housing supply and affordability as part of complete, transit-oriented communities, while helping to reduce greenhouse gas emissions and mitigate the impacts of climate change.
“High-quality public transit makes life more affordable and connects our communities,” said Mayor Alex Nuttall.
“We are committed to building affordable, connected and sustainable communities across the country,” said Nathaniel Erskine-Smith, minister of housing, infrastructure and communities. “The federal government’s investments in Barrie will make a big difference.”
It could help pay for anything from new buses to transit shelters.
The funding is through the new Canada Public Transit Fund’s Baseline Funding stream.
It’s to ensure that more Canadians will be able to live near public transit, connecting them to jobs, services and their communities.
The money is conditional on the submission of a capital plan and the signing of a funding agreement, between the recipient and the feds.
The City of Barrie will receive $11,390,690 over 10 years from 2026 to 2036.
