Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »



Rail News Home Passenger Rail

3/20/2023



Rail News: Passenger Rail

British Columbia awards funds to TransLink for 'urgent financial needs'


The province of British Columbia has already contributed more than CA$850 million during pandemic, and CA$2.4 billion for the transit agency's 2022 investment plan.
Photo – TransLink/Twitter

advertisement

TransLink in Vancouver, British Columbia, has received CA$479 million in funding from the province.

The funds will help stabilize fares, support public transit infrastructure and services, avoid service cuts, continue providing free public transit for children 12 years and under and enable transit expansion plans, provincial officials said in a press release.

TransLink's "urgent financial needs" are in part caused by escalating costs and changing travel and commute patterns that formed during the pandemic, they added. The transit agency's finances are expected to improve in the long term, they said.

"The province will continue discussions with the federal government on a potential funding partnership. However, given TransLink’s significant and immediate needs, the province is taking action with this funding stabilization to address TransLink’s short-term operating funding needs, preventing layoffs and maintaining transit services that will create jobs and reduce traffic congestion and air pollution, which benefits residents and visitors to Metro Vancouver," said Rob Fleming, the province's minister of transportation and infrastructure.

British Columbia has provided more than CA$850 million to the transportation authority during the pandemic, plus CA$2.4 billion for TransLink's 2022 investment plan, which calls for for increasing service on the busiest train and bus routes through "strategic service reallocation" and supporting transit-oriented developments.



Contact Progressive Railroading editorial staff.

More News from 3/20/2023