Tag Archives: City of Surrey

City of Surrey’s LRT Funding Takes Step Forward

Surrey Light Rail Transit

The region’s next great metropolitan centre is in the midst of securing funding for its Light Rail┬áTransit system, and has taken a leap forward with its application to the P3 Canada Fund, being granted a “screened in” status. The P3 screen is applied to projects with capital costs of more than $100 million, for funding under the new Building Canada Fund. The City expects to welcome nearly 300,000 new residents over the next 30 years, and implementation of a new transit system is necessary to support sustainable growth and a strong economy.

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