Toronto To Get $200 Million From Feds For Infrastructure
Posted September 11, 2009 10:57 am.
This article is more than 5 years old.
They said no to streetcars, but yes to more than 500 other projects.
The federal government has ponied up $200 million to improve Toronto’s infrastructure; including road and sewer repairs, upgrades to public buildings and better attractions.
The city will contribute $400 million, bringing the total to $600 million.
Finance Minister Jim Flaherty made the announcement on Friday.
It’s part of the $4 billion stimulus fund the Conservatives introduced in January.
“Shovel-ready” projects should see the money quickly, he promised.
Mayor David Miller said the investment will create or protect about 7,000 jobs when they are needed most during the “fragile recovery.”
Ottawa rejected Toronto’s request for money from the stimulus fund for new streetcars earlier this year.
Note: An earlier version of the story incorrectly stated that the federal government would be providing the full $600 million amount.
With files from the Canadian Press.
Image credit: Simon Dawson/AFP/Getty Images.
