Federal government announces $740m in transit funding

A new SeaBus, shorter wait-times between SkyTrains and station upgrades were some of the promises attached to a multimillion-dollar funding announcement that will make the first phase of the regional mayors’ 10-year transit plan a reality.

“With this federal investment, provinces and municipalities will be able to invest in projects that make the most sense for their communities,” Trudeau said, addressing a packed audience of reporters, transit workers and regional politicians.

In all, there is $740 million on the table from the federal and provincial governments and TransLink to kickstart the mayors’ transit plan. The money will be spent on several items, some of which will benefit Burnaby residents. For instance, 28 new rail cars will be added to the Expo and Millennium lines, meaning more frequent service and less crowding on SkyTrain platforms.

Read the full article on BIV.com.