Over $276,000 is being invested by the province to support transit in Brockville and North Grenville.
MPP Steve Clark announced that $276,169 from the 2023-2024 Gas Tax Program, will be used to help expand service hours, increase routes, purchase new vehicles and improve accessibility.
“This investment is fantastic news for transit riders in Brockville and North Grenville said Steve Clark, MPP for Leeds-Grenville-Thousand Islands and Rideau Lakes. “Under the leadership of Premier Ford, we will continue to invest in local transit to drive economic growth, make travel more convenient and connect people to the things that matter most to them.”
This is party of a $380 million dollar investment to help 102 municipalities across Ontario, to improve local transit through the Gas Tax program.
The breakdown of funding for Leeds-Grenville is as follows:
· Brockville – $216,098
· North Grenville – $60,071
“No matter where you live, Ontarians deserve access to fast, reliable and affordable public transit,” said Prabmeet Sarkaria, Minister of Transportation. “Our government is helping municipalities improve their transit systems now and for decades to come.”
QUICK FACTS
· The 2023-24 Gas Tax program will help fund public transit in 102 municipalities serving 140 communities across the province, representing 94 per cent of all Ontarians.
· Funding for the Gas Tax program is set by the number of litres of gasoline sold in the province during the previous fiscal year.
· For every litre of provincial gas tax revenue collected in the previous fiscal year, two cents are allocated to the Gas Tax program.
· Municipal Gas Tax funding allocations are calculated based on total transit ridership (70 per cent of funding) and population (30 per cent of funding), both of which fluctuate from year to year.
· Funding allocations are capped at a maximum of 75 per cent of a municipality’s transit spending.
· Municipalities may use the funding for transit operating and/or capital expenditures
