The City of Peterborough is receiving $1,732,762, while Peterborough County is getting $41,007. Under the ‘Dedicated Funding for Public Transportation Act’ in 2013, two cents per litre of the Gas Tax helped fund public transit, according to Dave Smith, Peterborough-Kawartha MPP.
“By providing these essential Gas Tax funds, we are empowering the City and County of Peterborough to enhance their transit networks, drive ridership and support the long-term growth of our region,” he explained. “This investment ensures that as our community expands, our residents have the reliable, accessible and efficient transportation they need to connect with jobs, local services and one another.”
The funding is to help public transit initiatives such as expanding service hours, increasing routes, purchasing new vehicles and improving accessibility while increasing transit ridership. While the funds are for the operational and capital side of Peterborough Transit, Mayor Jeff Leal said there are several ventures to seek as transportation evolves in the City.
“There are new technologies and vessels out there that save fuel and we want to be on the forefront of that,” he said.
Leal also mentioned that the $1.7 million provides the City with the possibility to extend its public transit reach into the County.
“It gives us the opportunities; that we have the link with Selwyn and we do get inquiries from Havelock, Norwood and Peterborough Regional Airport to extend that transit reach,” he explained. “It allows us to look at other transit options in actually servicing communities beyond the borders of the City of Peterborough. We do want to look at this area as a region and what we can do to have the City of Peterborough be that transit hub to help our fellow citizens of Peterborough County.”
