By working closely with its partners across Canada, the federal government is ensuring that more Canadians will be able to live near public transit, connecting them to jobs, services, and their communities.
Today, MP Jenica Atwin and Mayor Kate Rogers announced federal investments of more than a combined total of $8.29 million in transit funding for the City of Fredericton's transit systems, providing predictable and long-term funding.
Through the new Canada Public Transit Fund's Baseline Funding stream, Fredericton will receive an annual funding allocation amounting to over $5.29 million over ten years. Funding will upgrade, replace, or modernize the city's public transit infrastructure, and maintain it in a state of good repair.
This investment, beginning in 2026 until 2036, will help increase the housing supply and affordability as part of complete, transit-oriented communities, while helping to reduce greenhouse gas emissions and mitigate the impacts of climate change.
The Canada Public Transit Fund's Baseline Funding stream adds to existing federal investments in public transit infrastructure in Fredericton. Through the Rural Transit Solutions Fund, the federal government and the City of Fredericton are investing a combined total of $4.4 million for the purchase of three hybrid buses to expand and improve the city's public transit system.
