Victoria, British Columbia – British Columbia’s District of Saanich and BC Transit have celebrated the opening of the recently completed Royal Oak Transit Exchange, made possible through investments from the federal Gax Tax Fund and B.C.’s Provincial Transit Plan.
“The Government of Canada knows that reliable and efficient public transit is essential to ensuring healthy and sustainable communities,” said Natural Resources Minister Gary Lunn. “The opening of the Royal Oak Transit Exchange is just one way the Government of Canada is addressing infrastructure needs in Saanich and across the nation. This investment is part of our overall Building Canada infrastructure plan that will see federal investments of $1.4 billion in British Columbia through until 2014.”
The $3.2 million expansion and upgrade of the exchange, at the intersection of Royal Oak Drive and Elk Lake Drive, is a key component of BC Transit’s efforts to upgrade service to transit users. The upgrade will significantly increase the capacity of transit vehicles through the hub, while providing safer and more comfortable facilities for pedestrians and cyclists.
The Gas Tax Fund provides federal funding to local governments and other eligible recipients, primarily for capital projects that lead to cleaner air, cleaner water or reduced greenhouse gas emissions. The federal government announced in Budget 2008 that the fund will become permanent.