Canada to fund Ontario’s four priority transit projects.
A deal several years in the making became a reality on May 11 when leaders from Canada’s federal government joined Ontario provincial and municipal officials to announce an agreement concerning the federal share of the C$26.8 billion (US$22.12 billion) for Ontario’s four priority transit projects.
The federal government and province have reached an agreement that will see Canada providing up to 40 percent of the capital costs associated with the four subway projects.
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