TORONTO — Ontario Minister of Transportation Caroline Mulroney has announced $365.3 million in Gas Tax funding for municipal transit systems.
This year’s Gas Tax program benefits the most municipalities ever, with 111 municipalities receiving allocations, the most ever, states a March 12 release.
Gas Tax funding can be used to upgrade infrastructure, increase accessibility, purchase transit vehicles, add more routes and extend hours of service.
Funding for Ontario’s Gas Tax program is determined by the number of litres of gasoline sold in the province. Municipal allocations are based on two cents per litre of provincial Gas Tax revenues.
The Gas Tax program is in addition to the regional transportation plans Ontario is developing, the release said.
“Investing in public transit is part of our plan to get Ontario moving,” said Mulroney in the statement. “From transit investment in the Greater Golden Horseshoe to adding more service in rural and northern communities, our government is committed to improving transit in every corner of the province.”