Public Transit Capital Trust

Last updated: 5 November 2017
Canada's Federal Budget 2006 dedicated CAD 1.3 billion to public transit capital improvements through the Public Transit Fund and the Public Transit Capital Trust and offers individuals a non-refundable tax credit to help cover the cost of public transit passes. Budget 2008 set aside up to $500 million in 2007 €“08 to be paid into a third-party trust, allocated on a per capita basis, for public transit infrastructure such as rapid transit, rail, transit buses, and high occupancy vehicle and bicycle lanes.