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The Government of Canada announced a federal investment of more than $663 million in funding through the Canada Public Transit Fund to improve Metro Vancouver’s public transit infrastructure. This funding, which will be delivered over 10 years from 2026 until 2036, will help Metro Vancouver advance key improvements to its public transit system and help respond to critical transit needs caused by rapid population growth. Providing long-term, predictable funding will help TransLink plan, upgrade, replace, or modernize existing public transit and active transportation infrastructure. “Through a $663 million injection of reliable, predictable baseline funding for TransLink, this federal government is keeping Metro Vancouver residents connected to their work and communities. The funding, which will focus on expansions, improvements, and repair, is critical to the stability and future of public transit in the region, including along the North Shore. Reliable public transit infrastructure is key to reducing traffic, lowering air pollution, and improving affordability for all communities,” said Jonathan Wilkinson, Minister of Energy and Natural Resources. These investments, beginning in 2026 until 2036, will 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. “TransLink is grateful for the Federal Government’s continued capital funding commitments through the Canada Public Transit Fund, which will allow us to upgrade our current infrastructure. We are ready to meet the demands of our growing region through the Access for Everyone plan and look forward to continuing work with the Government of Canada to advance much-needed transit expansion in Metro Vancouver,” said Kevin Quinn, TransLink CEO. “The Canada Public Transit Fund is a key federal contribution towards delivering and upgrading public transit infrastructure and is foundational to our Access for Everyone plan, which will help us more than double transit service in Metro Vancouver over the next decade. This plan will ensure our transit system can keep up with record-setting population growth, support federal, provincial and local affordable housing targets and keep our economy moving. We look forward to confirmation that our application to the Metro Regional Agreement stream of the Canada Public Transit Fund will be approved in time to approve the first phase of the Access for Everyone plan this April,” said Brad West, Mayor of Port Coquitlam and Chair of the Mayors’ Council on Regional Transportation. |
