Thank you Minister McKenna!
Feds, province pledge $3.4B for Hamilton LRT, but city will have to pay operating costs
https://www.cbc.ca/news/canada/hamilton/lrt-hamilton-1.6023918
The federal and provincial governments will spend a combined $3.4 billion to build a light-rail transit system in Hamilton, but city council will likely still have to buy into the plan.
Catherine McKenna, federal minister of infrastructure and communities, and Caroline Mulroney, Ontario minister of transportation, announced the joint commitment Thursday morning.
The money, which amounts to $1.7 billion per level of government, will cover the cost of building a 14-kilometre line from McMaster University in the west end to Eastgate Square in Stoney Creek. The line would run alternately down King and Main streets.
"Now we need the City of Hamilton to formalize their contribution to the ongoing operation and maintenance of LRT, as was always the plan," Mulroney said.
The commitment amounts to a $1.7-billion new commitment from Ottawa, and $700 million more than the province initially said it would cover.
"It's going to be awesome," McKenna said during a 10 a.m. Zoom announcement.
"The condition of these investments is shovel-ready projects, and we have a shovel-ready project right here in Hamilton."
Both ministers were clear that the money is only available for an LRT, and that bus rapid transit (BRT) system isn't part of the picture.
Should city council try vying for a BRT, "there's no deal," said McKenna.
"Our partnership is for an LRT," Mulroney echoed.
Mayor Fred Eisenberger said while he certainly wanted it to happen "sooner," he thought there couldn't be a "better time" for an LRT to be built in the city.
"Timing is everything," he said, adding that the funding was "nothing but a win."
Eisenberger estimated that the LRT project would create 7,000 jobs. If a company was offering that many, he said, "we would move heaven and earth to make sure that would happen."
A critical piece, he said, will be the memorandum of understanding, which will require a vote from council.