The Regional Municipality Of York

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Regional Council approves additional $200 million fund to accelerate roads projects



Newmarket – York Regional Council reaffirmed its commitment to improving the traveller experience by adding an additional $200 million to the creation of a Roads Capital Acceleration Reserve Fund. This fund will be used to accelerate priority road growth projects across the Region.

“Our population is growing and we need to ensure our Regional transportation network continues to grow with it,” said York Region Chairman and CEO Wayne Emmerson. “This reserve will allow the Region to start some road projects much earlier than anticipated.”

Approved as part of the 2019 budget, the additional 1% tax levy will provide better travel options during hours, by improving connections to the provincial highway network and to rapid transit, including GO and Viva.

In addition to the 1% tax levy in 2019, accessing funding from a number of tax levy sources that will allow the Region to fund over $200 million of costs associated with roads projects over the next 10 years.

“Accelerated road projects will provide improved travel for all road users and enhance economic development opportunities,” said Township of King Mayor Steve Pellegrini, Chair of the Region’s Transportation Services. “Improving our transportation network will also support travelers and residents now and into the future.”

The Roads Capital Acceleration Reserve Fund is in addition to the $2.8 billion of capital investments planned for the next 10 years to build and maintain the Regional transportation network. There is $339 million in transportation investment already committed in 2019. This year alone, York Region is working on more than 100 road construction projects.

The Regional Municipality of York consists of nine local cities and towns and provides a variety of programs and services to 1.2 million residents and 52,000 businesses with over 636,600 employees. More information about the Region’s key service areas is available at york.ca/regionalservices

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Media Contact:

Tamara Ostrowski, Corporate Communications, The Regional Municipality of York
Phone: 1-877-464-9675, ext. 71226 Cell: 905-251-6412
Email: tamara.ostrowski@york.ca


Regional Council; roads projects; The Regional Municipality of York en-US Media Release