By Allison Hanes, National Post
Toronto is receiving a $238-million cash injection from the province to fund much-needed road repairs and public transit expansion. It is the city's share of $1.1-billion for infrastructure Premier Dalton McGuinty announced yesterday for Ontario municipalities.
The money is the bulk of Ontario's $1.7-billion budget surplus. After devoting the first $600-million to pay down debt the province dispersed the rest to cities, but with a warning that this may be the last windfall in a while.
Full Story...
Posted by boyang at August 25, 2008 6:56 PM