Financing agreed for two urban rail projects in Metro Vancouver

Canadian Prime Minister, Justin Trudeau, and the Premier of British Columbia, John Horgan, announced CAD 3 billion (EUR 2 billion) in federal and provincial funding for two rapid transit projects in Metro Vancouver. Broadway metro and Surrey-Newton-Guildford LRT are the selected projects under the agreement.
“Bringing light rail to Surrey will transform the city, connect communities, and make getting around the Lower Mainland faster and easier. The Broadway metro will also go a long way in reducing commute times and transit overcrowding and making Vancouver’s Skytrain even more convenient and accessible,” Justin Trudeau said.
Under the agreement, the Government of Canada will contribute CAD 1.37 billion (EUR 898 million) to the two projects, the Government of British Columbia will contribute CAD 1.82 billion (EUR 1.2 billion), and Translink, the City of Vancouver, and the City of Surrey will contribute CAD 1.23 billion (EUR 806.4 million).
The Broadway Subway project will add 5.7 km and 6 stations to the line, bringing frequent and reliable SkyTrain access to one of the most congested transit corridors in Metro Vancouver. The Broadway metro will be able to move 5,100 more passengers per hour, per direction than the existing B-Line bus service it will replace, increasing capacity by 250 per cent. It will also be built to accommodate additional future capacity increases.
The Surrey-Newton-Guildford LRT project will create the first light-rail transit system in British Columbia. With 11 new stations along 10.5 km of dedicated street level track, the LRT will provide transit services in underserved areas, connecting communities and making easier to travel across the Lower Mainland. In Surrey, the Light Rail Transit project will take people from one end of the line to the other in approximately 27 minutes.

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