Toronto is buying over 300 new electric buses with help from the federal government
Ottawa to spend $349M while Toronto will contribute $351M for joint purchase
The federal government and the City of Toronto are jointly funding the purchase of 340 zero emission transit buses for the city.
Deputy Prime Minister Chrystia Freeland says Ottawa will spend $349 million to help electrify the city's fleet of transit buses.
In addition to purchasing the buses, Freeland says the funding will also help buy 248 chargers and support upgrades to related infrastructure in bus garages.
The City of Toronto is contributing $351 million to the project.
The funding comes as the Toronto Transit Commission works toward electrifying its operations by 2040.
The federal contribution comes through the Zero Emission Transit Fund announced in 2021, which Ottawa has said will provide $2.75 billion over five years to help public transit and school bus operators electrify their fleets.