TransLink to receive over $1.5B over 10 years from Canada Public Transit Fund

The Government of Canada announced an investment of more than $1.5 billion over 10 years in public transit funding for Metro Vancouver through the creation of a Metro-Region Agreement, starting in 2026.

“We welcome this federal investment in Metro Vancouver transit. Maintaining and growing a reliable, effective transit network requires cooperation from all levels of government, and so it is important our federal partners are at the table,” said Mike Farnworth, British Columbia’s Minister of Transportation and Transit.

Under the Metro-Region Agreement stream of the new Canada Public Transit Fund, the federal government is providing long-term, predictable funding for the growth and maintenance of public transit in the Metro Vancouver region. Metro Vancouver’s public transit network is one of the busiest in Canada, connecting  the municipalities within the region with bus, SkyTrain, West Coast Express and SeaBus services.

“The Government of Canada has been an important and valued partner in expanding our transit system and we look forward to continuing that partnership through the Metro-Region Agreement. Investing in public transit is crucial to economic prosperity, and TransLink continues to work with all levels of government to secure funding for the Access for Everyone Plan to expand transit and support the growing needs of Metro Vancouver residents,” said Kevin Quinn, TransLink CEO.

TransLink will receive $1.529 billion over ten years from 2026 to 2036. Federal funding is conditional on the signing of a funding agreement.

This 10-year funding commitment complements the recently announced $663 million investment for TransLink under the Baseline stream of the CPTF and builds on great investments in the region, including almost $1.5 billion in support of the Surrey-Langley Skytrain and the Millennium Line Broadway Extension projects.

Featured image: (TransLink)