BARRIE, ON, March 5, 2025 /CNW/ - By working closely with its partners across Canada, the federal government is ensuring that more Canadians will be able to live near public transit, connecting them to jobs, services, and their communities.
Through the new Canada Public Transit Fund's Baseline Funding stream, the City of Barrie will receive an annual funding allocation amounting to over $11 million over 10 years. Funding will upgrade, replace, or modernize the City's public transit infrastructure, and maintain it in a state of good repair.
This investment, 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.
Quotes
"We are committed to building affordable, connected and sustainable communities across the country. The federal government's investments in Barrie will make a big difference."
The Honourable Nathaniel Erskine-Smith, Minister of Housing, Infrastructure and Communities
"High-quality public transit makes life more affordable and connects our communities. This investment of $11 million over 10 years will allow us to upgrade, replace and maintain our transit infrastructure, ensuring a modern, reliable, and efficient system for our residents. On behalf of the City of Barrie, I want to thank Minister Erskine-Smith and the Government of Canada for their ongoing commitment to improving public transit in our community."
Alexander Nuttall, Mayor, City of Barrie
Quick Facts
- The City of Barrie will receive $11,390,690 over ten years from 2026 to 2036 from the Canada Public Transit Fund (CPTF). Federal funding is conditional on the submission of a capital plan and the signing of a funding agreement, between the recipient and Canada.
- The CPTF is the largest public transit investment in Canadian history. It is designed to meet the unique needs of communities of all sizes, from large metropolitan areas to mid-size and smaller communities, including rural, remote, northern and Indigenous communities.
- Since 2015, the federal government has committed over $30 billion for public transit and active transportation projects. These historic investments have resulted in close to 2000 projects across the country.
- Starting in 2026-27, the CPTF will provide an average of $3 billion a year in permanent funding that will respond to local needs by enhancing integrated planning, improving access to public transit and active transportation, and supporting the development of more affordable, sustainable, and inclusive communities.
- The CPTF supports transit and active transportation investments through three streams:
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- Metro-Region Agreements offer a new way for the federal government, provinces and municipalities to collaborate together. These agreements will support the long-term development of public transit infrastructure in large urban areas. Through these agreements, the federal government will allocate funding and work with our partners to support the planning and construction of public transit. This funding is about promoting liveable communities with accessible public transit and attainable housing.
- Baseline Funding will deliver on the federal government's commitment to provide stable, predictable support that communities with existing transit systems across Canada are seeking for routine capital investments, expansion, and state of good repair projects.
- Targeted Funding will provide support targeting specific public transit projects, including active transportation, rural and remote transit, and transit solutions in Indigenous communities, as well as electrifying public transit and school transportation. Targeted funding will be delivered through periodic calls for applications that will enable the federal government to adapt to evolving priorities and community needs.
- The new Fund also provides tangible solutions on how to best leverage transit investments to support housing and environmental objectives, particularly in large metropolitan areas. Climate resilience, social inclusion, reducing greenhouse gas emissions, and considering how local transit systems impact housing supply are now integral parts of regional planning.
Associated Links
Canada Public Transit Fund
https://housing-infrastructure.canada.ca/cptf-ftcc/index-eng.html
Prime Minister news release: The largest public transit investment in Canadian history
https://www.pm.gc.ca/en/news/news-releases/2024/07/17/largest-public-transit-investment-canadian-hist
Housing and Infrastructure Project Map
https://housing-infrastructure.canada.ca/gmap-gcarte/index-eng.html
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SOURCE Department of Housing, Infrastructure and Communities
Contacts For more information (media only), please contact: Sofia Ouslis, Press Secretary, Office of the Minister of Housing, Infrastructure and Communities, [email protected]; Media Relations, Housing, Infrastructure and Communities Canada, 613-960-9251, Toll free: 1-877-250-7154, Email: [email protected]; Scott LaMantia, Manager, Marketing & Communications, [email protected]. 705-739-4220 x4529
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