TransLink gets $479M from B.C. government to help address declining ridership
Global News
The funding boost comes after the TransLink mayors' council felt left out of this year's provincial budget when it came to funding its 10-year plan.
TransLink is getting some money from the provincial government to help fund projects and address dwindling ridership.
Global News has learned the organization is getting $479 million of budget surplus money.
It is hoped this will stem any potential layoffs and potential route cuts as ridership continues to creep back up to pre-pandemic levels.
Ridership is about 82 per cent of pre-pandemic levels but revenue collection accounts for about 75 per cent.
The funding boost comes after the TransLink mayors’ council felt left out of this year’s provincial budget when it came to funding its 10-year plan, priced around $20 billion.
TransLink had said if there wasn’t extra funding in the next two years there would be major cuts to transportation services.
An official announcement from Premier David Eby is set for 1:15 p.m.
TransLink’s plan includes doubling buses by 2035, the extension of the millennium line to the University of British Columbia, rapid transit to the north shore, and the gondola to Simon Fraser University.
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