Ontario Investing Over $418,000 in St. Thomas Transit
Provincial gas tax funding will help operate and expand local public transit services
April 19, 2024
St. Thomas — The Ontario government is supporting transit in St. Thomas with a $418,003 investment from the 2023-24 Gas Tax program. The funding can be used to expand service hours, increase routes, purchase new vehicles and improve accessibility to increase transit ridership.
“This investment is fantastic news for transit riders in St. Thomas,” said Rob Flack, MPP for Elgin-Middlesex-London. “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.”
QUICK FACTS
- The 2023-24 Gas Tax program will help fund public transit in 102 municipalities serving 140 communities across the province, representing 94 per cent of all Ontarians.
- 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 (70 per cent of funding) and population (30 per cent of funding), both of which fluctuate from year to year.
- Funding allocations are capped at a maximum of 75 per cent of a municipality’s transit spending.
- Municipalities may use the funding for transit operating and/or capital expenditures.