Canada's Economic Action Plan

Canada's Economic Action Plan

June 09, 2014 14:22 ET

Minister Lebel Highlights Public Transit Benefits of the New Building Canada Plan to the Canadian Urban Transit Association

GATINEAU, QUEBEC--(Marketwired - June 9, 2014) - Minister Denis Lebel spoke today at the Canadian Urban Transit Association's Annual Conference regarding the New Building Canada Plan and what it means for public transit and Canadians.

The New Building Canada Plan builds on the Government's unprecedented investments in infrastructure. In 2007, the Government of Canada introduced the seven-year, $33-billion Building Canada Plan, which provided stable, flexible and predictable funding across the country. This historic investment in public infrastructure continues with $70 billion over the next decade, including the $53-billion New Building Canada Plan for provincial, territorial and municipal infrastructure that enhances economic growth, job creation and productivity.

Across the country, the New Building Canada Plan will support local, regional and national infrastructure priorities that will improve economic development and quality of life. Public transit is an eligible category under each component of the New Building Canada Plan.

Projects funded through the New Building Canada Plan will ensure that communities in Canada remain competitive and innovative on the world stage. From the large-scale projects such as the Evergreen Line in British Columbia, the Toronto-York Spadina Subway Extension, the Ottawa Light Rail Transit project, to the smaller-scale projects like TransHelp in Peel, Ontario, or the wheelchair-accessible bus purchased for Cornwall, Prince Edward Island, investments in public transit make a tangible difference for those living and working in our cities.

Quick Facts

  • Since 2006, our Government has invested or committed more than $7.5 billion in funding for transit infrastructure across Canada. Of this amount, the federal government has committed over $5 billion in direct funding to public transit infrastructure across Canada.
  • Since 2006, Canadian municipalities have used over $2.5 billion of their federal Gas Tax Fund allocations toward transit investments. Indeed, five of Canada's largest cities-Toronto, Vancouver, Ottawa, Calgary and Edmonton-have directed most of their federal Gas Tax Fund allocations to the public transit investment category.

Quotes

"Since 2006, the Harper Government has made unprecedented investments in public transit, roads, and highways. We are proud to make these investments, which make tangible difference for those living and working in our cities. With the New Building Canada Plan, we will continue to support infrastructure that encourages job creation and economic growth, and contributes to the quality of life of all Canadians."

The Honourable Denis Lebel - Minister of Infrastructure, Communities, and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec

"I don't know of any other country that has a longer-term federal commitment to infrastructure than we do with the New Building Canada Plan. We are really pleased that the first major project to be announced is a transit project. Transit projects are still very much in the forefront in terms of their importance in communities across the country."

Michael Roschlau - President and CEO, Canadian Urban Transit Association

Additional information

- The New Building Canada Plan

- Canada's Economic Action Plan 2013: The New Building Canada Plan

- Infrastructure Canada: Programs

Contact Information

  • Vincent Rabault, Press Secretary
    Office of the Minister of Infrastructure,
    Communities and Intergovernmental Affairs,
    Minister of the Economic Development Agency of Canada
    for the Regions of Quebec
    613-943-1838

    Infrastructure Canada
    613-960-9251
    Toll free: 1-877-250-7154