Thread: Rapid Transit
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  #1788  
Old Posted Jun 19, 2012, 2:23 AM
bigguy1231 bigguy1231 is online now
Concerned Citizen
 
Join Date: Mar 2009
Location: Hamilton
Posts: 1,335
Quote:
Originally Posted by markbarbera View Post
The funding formula was never clearly defined. While some assumed a Hamilton LRT project would receive 100% provincial funding, that level of funding was never actually promised during any campaign. What was promised was a commitment to have rapid transit built in Hamilton, and that promise was translated into a placeholder in the MoveOntario 2020 plan for two Hamilton Rapid transit lines to be built by 2020.

I would expect the funding would probably work out to an 80/20 split. Unless of course the feds decide to pony up some cash as well.
If it's 80/20 as you say then it will never get built. The city will not spend that kind of money on 1 streetcar line.

In fact the city wouldn't have even gone as far as they have if they thought they were going to have to spend a dime on this. They have only moved forward thinking that the province was going to pay for it.
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