LIGHTENING THE LOAD

EDITOR’S NOTE
MAY/JUNE2024
VOLUME 22, NUMBER 3
LIGHTENING THE LOAD
EDITOR
John Tenpenny
VICE PRESIDENT, CONTENT AND PARTNERSHIPS
Corinne Lynds
ASSOCIATE EDITOR
Toby Gorman
CONTRIBUTING EDITOR
Connie Vitello
ART DIRECTOR AND SENIOR DESIGNER
Gordon Alexander
CONTENT CONTRIBUTORS
Aaron Akehurst, Clément Boisselier,
Quentin Chiotti, Jesse Gardner,
John Nottage, Nicholas Reynolds,
Lina Stinnett, David Van Vliet,
Mark Douglas Wessel, Bilal Yasir
by John Tenpenny
“MANY HANDS MAKE LIGHT WORK.”
Completing big projects takes cooperation and collaboration between many parties—owners, contractors, workers, and all levels of government. When it comes to
improving and expanding transit infrastructure, there is much work to be done, and
time is of the essence.
At the recent Ontario Construction Secretariat conference, director of research
Katherine Jacobs, provided a project preview compiled by BuildForce Canada that
tracked 155 large projects across the province valued at over $200 billion—topped by
$64 billion in the transit sector.
“There is a massive project pipeline in Ontario that is fuelling positivity
about business prospects,” commented Robert Bronk, CEO of the OCS. “Power
generation, transit and health-care facilities are leading the list of projects currently
under construction or slated for construction over the next few years in every
region of the province.”
ReNew Canada’s recently released 2024 Top100 Projects report included 26 transit
projects across the country valued at $122 billion, six of which made the top-10.
As some of the most expensive and complex infrastructure projects, transit development requires substantial funding, not just for construction, but for maintenance
and long-term capital planning. And the need has never been greater, with pressure
to reduce carbon emissions continuing to build and public transit as one of the best
options to achieve our environmental goals.
Recently, Canada’s largest transit agencies urged the federal government to
advance funding, with CEOs from the nation’s three largest transit agencies calling
for the launch of the previously promised Permanent Transit Fund (PTF) two years
ahead of schedule in order to help them address growing pressures on their systems.
In a joint Federal Budget Submission, the Toronto Transit Commission (TTC),
Société de transport de Montréal (STM) and TransLink called on Ottawa to “advance
the commitment of funding under the new federal Permanent Transit Fund by early
2024, instead of 2026, to enable critical projects and programs to advance and support long-term capital planning.”
“A strong public transit system is fundamental to meeting our a昀昀ordability and
climate action goals,” stated the TTC’s CEO Rick Leary. “With the City of Toronto
and Province of Ontario committing hundreds of millions of dollars toward new
subway trains for Line 2, we are hoping the Government of Canada will open the
PTF early in order for us to start the process of purchasing the new trains.”
Public transit projects represent critical national infrastructure, as well as an
essential service that keeps our country moving, working, and thriving. Addressing
some of Canada’s most pressing current challenges—climate change and housing
a昀昀ordability—will require continued investment in transit infrastructure over the
long haul.
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ADVISOR
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