“The Baseline Funding stream is an approximately $500 million annual envelope that is part of the CPTF. Through the CPTF, the federal government will invest an averaging of $3 billion per year for public transit and active transportation infrastructure, beginning in 2026-27.
The Baseline Funding stream focuses on funding capital and non-capital investments (i.e. planning projects) for public transit or active transportation infrastructure. Capital Plan applications will outline a community’s planned use of the Baseline funding allocation over several years. These may include:
- Public transit infrastructure: Both capital and non-capital investments, such as planning to expand, rehabilitate or replace sections of an existing public transit system. For example, expanding bus fleets, retrofitting subway stations or constructing new tram lines.
- Active transportation infrastructure: Investments to expand, rehabilitate or replace active transportation infrastructure, such as bike or walking paths and pedestrian bridges.”
Submissions are due by September 30, 2024
Click the below button to learn more about this funding stream.
How is this relevant to the clients MoveMobility serves?
This funding program may be an opportunity for transit programs to expand their accessible vehicle fleet.
MoveMobility works with Urban Transit and Handi Transit programs across Canada to help remove barriers to transportation with innovation vehicle designs.
*For informational purposes only.
