‘Private Capital’ Potentially Needed to Revive Canada’s Public Transit: Federal Report

A TTC bus transports people in a Toronto neighbourhood on May 3, 2021. Nathan Denette/The Canadian Press

“Private capital” may be needed to revive public transit in Canada, according to a federal report.

“We heard that the immense need for, and the associated costs of, major public transit projects cannot be met by governments on their own,” said Infrastructure Canada in a report released on July 25, as first reported by Blacklock’s Reporter.