Province announces financial fuel for Alberta municipal transit systems
Officials with Alberta’s government say they are stepping up to provide much-needed financial support to cash-strapped municipal transit systems hit hard during the pandemic.
Alberta is committing $79.5 million, which is being matched by the federal government, for a total of almost $159 million to support 26 Alberta municipalities.
This funding, under a new program called Alberta Relief for Shortfalls for Transit Operators (RESTOR), will provide a top-up to assist municipalities that are feeling the financial pinch from low ridership over the last two years.
“Transit systems took a financial beating during the pandemic with a significant loss in ridership as people worked from home and businesses cut back on staff or completely shut down. This funding will keep buses and trains moving to meet increased demand as we recover from the pandemic,” said Premier Jason Kenney, on Wednesday.


