“Justin Trudeau takes infrastructure pitch to key GTA riding” (CBC News)

Liberal Leader Justin Trudeau said the funding he has pledged to boost infrastructure would represent a quadrupling in federal investment in public transit projects alone. (Paul Chiasson/Canadian Press)

CBC News:

Liberal Leader Justin Trudeau elaborated on his $60-billion election campaign pledge to help municipalities build new infrastructure over the next decade, saying Friday that the public transit portion for projects would amount to $20 billion.

The $20 billion would be for new projects that he says municipalities desperately need, and would give local economies a boost, he said in the key Greater Toronto Area riding of Richmond Hill.

“When we invest in public transit, infrastructure like roads and bridges, we are creating well-paying jobs that Canadian families can depend on,” he said.

The funding would represent a quadrupling in federal investment in public transit projects, according to the Liberals. The money would be distributed to the provinces and territories in a manner similar to the federal gas tax transfer, providing flexibility in how its used by municipalities.

“Lack of federal funding will no longer be a roadblock to action,” Trudeau said, adding that with limited revenue sources “there is only so much” municipalities can do to fund cost-intensive public transit projects.

Trudeau said last week that if the Liberals are elected Oct. 19, his government would run deficits of up to $10 billion a year for three years to ensure funding for new infrastructure is available.

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