MRO Magazine

City of Toronto and federal government spending nearly $1B on fleet of buses


Industry

April 24, 2018
By The Canadian Press

Toronto – The federal government and City of Toronto will spend more than $930 million on purchasing new buses and refurbishing others.

Mayor John Tory and federal Infrastructure Minister Amarjeet Sohi made the announcement at a press conference on Monday morning.

They say the money will pay for 1,043 new buses.

They say 695 more buses will be refurbished.

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Tory says the city is spending more than $492 million, while the federal government is investing $442 million.

The money comes from the Public Transit Infrastructure Fund, which was first announced in the federal 2016 budget.