QUEEN'S PARK, Ont. - Ontario's Finance Minister Jim Flaherty has challenged the federal government to match Ontario's investment in transportation, outlining the province's plan for Toronto."We urge f...
QUEEN’S PARK, Ont. – Ontario’s Finance Minister Jim Flaherty has challenged the federal government to match Ontario’s investment in transportation, outlining the province’s plan for Toronto.
“We urge federal Finance Minister Paul Martin, in his economic update on Thursday, to step forward and become a highway and transit funding partner. The U.S. government is investing over $200 billion U.S. in transportation. A comparable commitment by the government of Canada would be over $20 billion,” says Flaherty.
The Ontario government is creating a Golden Horseshoe Transit Investment Partnership initiative with $250 million from the $1 billion SuperBuild Millennium Partnership initiative, a public-private sector investment initiative. n
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