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NEWS Transit to get $66.3M trilateral government boost Nikki W esley/Metroland Oakville MP John Oliver announced Thursday (March 15) morning, local public transit will be receiving more than $26.5M in federal funding and $21.8M in provincial funding to help build new urban networks and service extensions, and $18M from the Town of Oakville Mayor Rob Burton announced the municipal government would be dedicated $18M towards the efforts. OT to use funding to build new networks and service extensions OAKVILLE - Oakville's public transit system is getting a combined invest­ ment of $66.3 million from three levels of government over the next decade to help build new urban net­ works and service exten­ sions. The joint announce­ ment was made Thursday morning, March 15, at the Oakville Transit facility on Wyecroft Road and is part of an overall bilateral agreement to dedicate more than $11.8 billion (in federal funding) and $10 billion (in provincial fund­ ing) to infrastructure pro­ jects. The projects, supported by the Investing in Canada plan, will be cost-shared with the Ontario govern­ ment, municipalities and other partners, stated a media release. Oakville Transit will re­ ceive approximately $26.5 million in federal funds, $21.9 million from the prov­ ince and $18 million from the Town of Oakville. "I believe long-term in­ vestments in infrastruc­ ture are key to building strong communities - con­ necting people, creating good jobs for the middle class, and building our economy and town for the future," said Oakville MP John Oliver. "Efficient and sustain­ able public transit plays an important role in keeping Oakville among the best places in the world to live, which is why I am so pleased to be announcing an unprecedented $26.5 million to support Oak­ ville Transit," he contin­ ued. "Collaboration and partnership between all levels o f government is critical to creating positive change; I look forward to working with municipal and provincial partners to continue to build this com­ munity today and for fu­ ture generations." The bilateral agree­ ment - signed by Minister of Infrastructure and Com­ munities Amarjeet Sohi and Ontario Minister of In­ frastructure Bob Chiarelli, on March 14 - is investing in four priority areas: public transit; green infrastruc­ ture; community, culture and recreation infrastruc­ ture; and rural and north­ ern community infrastruc­ ture. "At its cord, infrastruc­ ture is about people.," said Oakville MPP Kevin Flynn. "This will help im­ proved and maintain the (public transit) network that people in our commu­ nity use to get to work in the morning and return home to their loved ones at night." Pam Damoff, Oakville North-Burlington MP, said she knows of the impor­ tance public transit has on Oakville residents, having worked as a town council­ lor for the municipality be­ fore being elected to feder­ al parliament. "I have been working with my colleagues in par­ liament to advocate for transit funding for the past two years, so I am very pleased to see our govern­ ment making this unprece­ dented investment in pub­ lic transit infrastructure that will transform the way that residents of Oak­ ville live, move, work and play," she added. f f f l S T E V E N S O N W H E L T O N Ma cDONALD&SWAN LLP PERSONAL INJURY + MEDICAL MALPRACTICE Thinking of Retiring... Someday? Let's Talk. Experienced Trial Lawyers Serving Oakville, Milton and Burlington Visit our website to sign up for a free consultation. Peter Watson MBA, CFP, R.F.P., CIM, FC S I Jennifer Watson B.A. 220 Randall Street, Downtown Oakville 905-842-2100 peterwatsoninvestments.com fljTsW Lawyers.ca 905.842.3838 1540 Cornwall Road Suite 106, Oakville I P e t e r W v t s q n W il N V E S T M E N T S W E A L T H M A N A G E M E N T Since 1991 f- | O akville Beaver | Thursday, M arch 22, 2018 insidehalton.com