The Canadian and Ontario governments are investing $10.6 million in public transit infrastructure in Peterborough.
The funding was announced on Wednesday (June 24) by federal rural economic development minister and Peterborough-Kawartha MP Maryam Monsef, Ontario infrastructure minister and Haliburton-Kawartha Lakes-Brock MPP Laurie Scott, Peterborough-Kawartha MPP Dave Smith, and Peterborough mayor Diane Therrien.
The vast majority of the funding is for Peterborough Transit to support the purchase of six fully equipped conventional transit buses, four accessible buses and two specialized transit buses, and 15 new fully accessible buses over three years, as well as the refurbishment of eight buses.
For the County of Peterborough, the two levels of government are contributing $43,941 to support the replacement of a public transit accessibility van in 2021.
In total, the federal government is investing $5.9 million and the Ontario government is investing $4.8 million, with a contribution of $3.6 million from the City of Peterborough and $18,980 from the County of Peterborough.
This is one in a series of funding announcements being made over several weeks by the governments of Canada and Ontario. Last Friday, the two governments announced $8 million in funding for Peterborough County and the Township of Selwyn’s project to improve the James A. Gifford Causeway in Bridgenorth.
The goverments also announced funding for other road and bridge improvement projects in the Kawarthas, including in Hiawatha First Nation, Asphodel-Norwood in Peterborough County, Faraday in Hastings County, and Minden Hills and Highlands East in Haliburton County.
