GO Transit to get $1.2 billion boost
TORONTO, Ontario – GO Transit will receive $1.2 billion over five years to improve and extend rail service throughout the GTA and southern Ontario and allow it to serve 40 per cent more commuters by 2008. The improvements will stretch from Hamilton to Oshawa and from Peterborough to Barrie.
The funding will be shared by the federal government, the provincial government, and municipalities and has been in the works for three years.
The new Peterborough and Barrie links are key to the plan, which the federal government also hopes will take some of the pressure off the overtaxed 401-400 highway system. Service also will be doubled from Union Station to Markham, Stouffville, and Richmond Hill and be increased to Brampton and Georgetown.
It will also allow full-day VIA Rail service from Union Station to Hamilton, expanding upon the morning and evening service now available.