One-time funding earmarked to help with infrastructure needs and to recover from the ridership drop that accompanied the pandemic
GOVA Transit received an almost $3-million boost on Thursday, with the province pledging the funds during a media conference at the city’s transit depot.
Coming out of a pandemic in which ridership dropped alongside its associated revenues, he said the funds are also intended to help transit agencies recover. “Gas tax funding remains a vital source of long-term transit funding that municipalities can rely on to help operate and expand existing public transit services – ensuring people have access to safe and reliable transportation when they need it.”
During this time, the revenue shortfall was $3.5 million in 2020, $2.8 million in 2021 and $1.7 million in 2022.
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