Overview
- The Canada Public Transit Fund (CPTF) will provide $189 million over ten years to BC Transit, benefiting 33 transit systems across British Columbia starting in 2026.
- Metro Vancouver's TransLink will receive over $1.5 billion through a new Metro-Region Agreement to support transit growth and maintenance over the next decade.
- The CPTF aims to modernize transit infrastructure, reduce greenhouse gas emissions, and support the development of transit-oriented communities with improved housing supply and affordability.
- Federal funding is conditional on the submission of capital plans and funding agreements to ensure accountability and strategic planning.
- Advocacy groups highlight the need for additional operational funding to address ongoing issues like overcrowding and service reliability.