The Region of Waterlooโs Ion Light Rail Transit system is seeing yet another milestone.
On March 28, Ontario minister of transportation and Infrastructure Glen Murray reaffirmed the provincial governmentโs contribution of $300 million to the project.
The province initially committed to the funding in June of 2010, which will cover one third of the cost of the project. The region and the federal government will be equally responsible for the remaining cost.
โIโd like to hand you all of the signed documents so that we can start flowing the $300 million to you right away,โ Murray said to Regional Chair Ken Seiling during his speech at the Region of Waterloo headquarters in Kitchener.
Murray called Ion the โspinal cord of the regional economy,โ and emphasized the relationship between transportation and financial growth. โIt is one of the most important economic investments we can possibly make,โ he added.
Seiling explained the new LRT service will improve on the existing transit service for students, giving more opportunity for employment around the region.
โOne of the things weโre trying to address is how do we maintain a vibrant economy here so thereโs job creation and job growth, and part of that is making sure we have a good transportation system,โ he said.
Murray noted that jobs are currently seeing an incline in the province.
โWe have a unique challenge in Ontario; we have to fill these jobs,โ he said, acknowledging the LRT and GO systems as important for bringing young people to the region.
LRT has received criticism from locals, who are mainly concerned with the projectโs budget and its effect on small businesses. According to the Waterloo Region Record, a citizen survey revealed a nearly 50/50 split for those in support and against the transit system. However, with this portion of the funding finalized, there is not much those in opposition can do.
In addition to this funding, Murray discussed the upcoming GO train expansion, which is expected to come to the region in 2016.
Premier Kathleen Wynne announced the provinceโs commitment to a two-way, all day service between
Toronto and Kitchener just over a week ago. The provincial government is currently โaggressively acquiring trackโ in preparation for the expansion.
Details for the upcoming service are to be included in the spring provincial budget, which will include a ten-year transportation plan.
โThe idea is we need to get more frequent service, and the idea is eventually to get to hourly and half-hourly service on that line.โ
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