Ontario: Historic agreement delivers up to $4 billion to support municipalities and transit
This funding will help local governments maintain the critical services people rely on every day, including public transit, over the next six to eight months. Details on specific allocations will be provided in the coming weeks. This funding is part of the province's made in Ontario plan for renewal, growth and economic recovery.
The announcement was made by Premier Doug Ford, Christine Elliott, Deputy Premier and Minister of Health, Rod Phillips, Minister of Finance, Steve Clark, Minister of Municipal Affairs and Housing, and Caroline Mulroney, Minister of Transportation.
Premier Ford worked collaboratively with municipal partners, fellow Premiers, Prime Minister Trudeau and Deputy Prime Minister Freeland to reach this historic agreement, which includes $777 million from the federal government and $1.22 billion from the province in support for municipalities.
Ontario will continue to work closely with its municipal partners to ensure this funding provides the support they need to address budget shortfalls related to coronavirus.
Through Ontario's leadership, a deal for public transit funding was also secured as part of the federal provincial agreement. Up to $2 billion will be shared equally between Ontario and the federal government.
Transit operators that have seen steep declines in revenues will receive the support they need to help address the financial impacts of COVID-19 and continue their operations in a safe manner.
The Safe Restart Agreement will help ensure a strong and safe recovery for Ontario through investments in testing, contact tracing and data management; health care capacity and mental health; protecting vulnerable populations, including people experiencing homelessness and seniors in long term care facilities; securing personal protective equipment (PPE); child care for returning workers; and support for municipalities and public transit systems. ■