Canadian officials said Thursday up to C$265 million in federal funds (US$251 million) will be made available to advance light rail transit in the Kitchener-Waterloo metropolitan area of southwestern Ontario. The region has advocated for LRT and,at times, has politely suggested its LRT needs have been unnecessarily subjugated to those of nearby Toronto.
Prime Minister Stephen Harper says the money will go towardconstruction of a light rail system between Kitchener and Waterloo. A bus line between Kitchener and Cambridge, Ontario, also is part of the plan. Harper says the federal contribution of C$265 million is one-third of the projected cost.
The money is part of Ottawa's previously announced stimulus spending strategy.
Harper says the plan will stimulate the regional economy. "Projects like this will pay dividends for our economy and our communities long into the future," he said.