Ontario Provides Additional Funding For Public Transit to Peterborough and County

The Ontario Government is providing $1,913,675 to the City of Peterborough and $41,648 to the County of Peterborough to support the expansion and improvement of public transit services announced Wednesday.

Photo courtesy of City of Peterborough.

The funding is part of the province’s Gas Tax program which will allocate $375.6 million this year to 107 municipalities that deliver public transit.

“Affordable and reliable public transit in our community is important for seniors, people with disabilities and workers. This funding will support the city and county of Peterborough’s transit systems by ensuring investments in maintenance and fleet expansion can continue,” said MPP Dave Smith.

Funding for the Gas Tax program is determined by the number of litres of gasoline sold in the province during the previous year. Municipalities that support public transit services in their community receive two cents per litre of provincial Gas Tax revenue which can be used to extend service hours, buy transit vehicles, add routes, improve accessibility or upgrade infrastructure.

To make up for reduced gas sales due to COVID-19, this year’s Gas Tax funding includes one-time additional funding of $120.4 million to ensure municipalities can support their transit systems.

“Throughout the COVID-19 pandemic, we have seen how critical public transit is for frontline workers and for Ontarians who depend on these services to get to medical appointments, the grocery store and other important locations,” said Caroline Mulroney, Minister of Transportation. “Gas Tax funding remains a vital source of long-term transit funding that municipalities can rely on to help operate and expand existing public transit services – ensuring people have access to safe and reliable transportation when they need it.”

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