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New Tecumseth gets $125,815 in transit funds from provincial gas tax

July 18, 2024   ·   0 Comments

By Brian Lockhart

The Ontario government is supporting transit in Simcoe-Grey with a $840,267 investment from the 2023-24 Gas Tax program.

Funding will be used to expand service hours, increase routes, purchase new vehicles and improve accessibility to increase transit ridership.

Of the over $840,000 going to Simcoe–Grey municipalities, $125,815 has been allocated to New Tecumseth.

“This investment is fantastic news for transit riders in Simcoe-Grey,” said Brian Saunderson, MPP for Simcoe-Grey. “Under the leadership of Premier Ford, we will continue to invest in local transit to drive economic growth, make travel more convenient and connect people to the things that matter most to them.”

The Ontario government is investing almost $380 million across the province to help 102 municipalities improve local transit through the Gas Tax program. This year’s Gas Tax program includes a one-time additional $3 million to ensure municipalities can continue to support and grow their transit systems.

“No matter where you live, Ontarians deserve access to fast, reliable and affordable public transit,” said Prabmeet Sarkaria, Minister of Transportation. “Our government is helping municipalities improve their transit systems now and for decades to come.”

Funding for the Gas Tax program is set by the number of litres of gasoline sold in the province during the previous fiscal year. For every litre of provincial gas tax revenue collected in the previous fiscal year, two cents are allocated to the Gas Tax program.

Municipal Gas Tax funding allocations are calculated based on total transit ridership and population, both of which fluctuate from year to year.

Municipalities may use the funding for transit operating and/or capital expenditures.

In addition to New Tecumseth receiving $125,815, Clearview Township is getting $131,352, Wasaga Beach is getting $239,168 and the Town of Blue Mountains/Collingwood is getting $343,932.

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