#CanadaSOLETFLaunch It seems like you're referring to a potential launch or announcement related to Canada, but I'm not sure what "SOLETF" stands for in this context. However, I found information on the Canada Public Transit Fund (CPTF), which might be relevant.
*Canada Public Transit Fund (CPTF)*
The CPTF is a federal funding program aimed at supporting public transit needs across Canada. Here are some key details ¹:
- *Funding Amount*: Up to $3 billion annually, starting from 2026-2027
- *Objective*: Enhance public transit infrastructure, reduce greenhouse gas emissions, and promote sustainable transportation
- *Funding Streams*:
- *Metro-Region Agreements*: 10-year agreements for metropolitan regions to support diverse projects
- *Baseline Funding*: Up to 10-year agreements for communities with existing public transit systems
- *Targeted Funding*: Single-project agreements for specific federal priorities, such as active transportation and rural transit
*Recent Developments*
The Canadian government has been investing in public transit infrastructure, including zero-emission buses. For example, the city of London, Ontario, received joint funding of $400,000 to transition to zero-emission buses ².
If you could provide more context or clarify what "SOLETF" refers to, I'd be happy to try and assist you further.