Business View Civil & Municipal l November 2022
155 CIVIL AND MUNICIPAL VOLUME 3, ISSUE 9 provinces and territories, municipalities, and Indigenous governments, as well as through direct-delivery programs, we are developing innovative means to get infrastructure built for Canadians, and ensuring our investments correspond to local priorities. These include the Canada Infrastructure Bank, whose $10-billion Growth Plan is investing in five priority sectors: public transit; clean power; green infrastructure; broadband; and trade and transportation projects. It is transforming how infrastructure is planned, funded and delivered in Canada. The Canada Infrastructure Bank is a valuable tool to help public dollars go further while leveraging innovative financing tools to get more infrastructure built for Canadians. Safe and efficient public transit systems shorten commutes, improve air quality, reduce traffic congestion and build more inclusive communities. Our public transit programs are designed to promote sustainable and modern public transit systems while advancing transit projects of national importance as well as those that contribute significantly to economic, environmental and social outcomes. Since 2015, we have invested more than $13 billion in over 1,300 projects across the country. In January of this year, we launched calls for applications for new public transit projects through the $2.75-billion Zero Emission Transit Fund (ZETF), the $400-million Active Transportation Fund (ATF) and the $250-million Rural Transit Solutions Fund (RTSF). The ZETF will support the electrification of public transit and school bus fleets, including the purchase of zero emission buses, and building supporting infrastructure. The ATF will make funds available to help build new and expanded networks of pathways, bike lanes, trails and pedestrian bridges, as well as support Active Transportation
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