Vancouver’s mayor is reiterating his call for the province to dole out more cash for regional transit projects.
Addressing the Greater Vancouver Board of Trade, Gregor Robertson says now that the federal government has committed to funding 50% of major projects, the province needs to step up and fund 40% while cities should be responsible for 10%.
The Province has dug in its heels, not budging on its current one-third commitment.
Surrey Mayor Linda Hepner says the region should raise the capital through mobility pricing.
Transportation Minister won’t commit to more than one-third funding
Todd Stone, however, is sticking to his guns, refusing to bow to pressure from mayors to increase the province’s share when it comes to funding major transit projects.
Stone says B.C. will not contribute more than one third, or 33%, of the capital costs for major transit projects like the Broadway Subway and light rail in Surrey.
“Part of the story is that in addition to our 33% the province covers 100% of the hospital capital in the Lower Mainland. Every other region in the province, the local taxpayers pay, in some cases, up to 40% for their hospital capital.”