Skip to main content

Ontario proposes new way of funding GO Transit stations, spurring nearby development

A bus is seen outside the parking lot at the Bramalea GO Station, in Brampton, on Thursday May 11, 2023. Ontario's minister of infrastructure is proposing a new way of funding GO Transit stations that she says will both increase transit service and housing nearby. THE CANADIAN PRESS/Chris Young A bus is seen outside the parking lot at the Bramalea GO Station, in Brampton, on Thursday May 11, 2023. Ontario's minister of infrastructure is proposing a new way of funding GO Transit stations that she says will both increase transit service and housing nearby. THE CANADIAN PRESS/Chris Young

Ontario's minister of infrastructure is proposing a new way of funding GO Transit stations that she says will both increase transit service and housing nearby.

Kinga Surma says legislation she introduced today would let municipalities fund the design and construction of new GO stations.

Municipalities could then recover the costs over time by levying a Station Contribution Fee on development that gets built around the station.

The fee would be a voluntary tool for municipalities and they would apply to the province to use it.

The government says they would need to show a reduction in development costs to help offset the fee for developers, such as reduced parking requirements or faster approvals.

The legislation would also allow the Toronto Transit Commission to enter into cross-boundary service agreements with neighbouring transit agencies.

This report by The Canadian Press was first published Sept. 25, 2023.

CTVNews.ca Top Stories

PM pans Poilievre for 'pulling stunts' by threatening to delay MPs' holidays with House tactics

Conservative Leader Pierre Poilievre is threatening to delay MPs' holidays by throwing up thousands of procedural motions seeking to block Liberal legislation until Prime Minister Justin Trudeau backs off his carbon tax. It's a move Government House Leader Karina Gould was quick to condemn, warning the Official Opposition leader's 'temper tantrum' tactics will impact Canadians.

Stay Connected