The Surrey Board of Trade and the Richmond Chamber of Commerce are calling on the Federal Government to take action on transit as an economic imperative to the Metro Vancouver region.
“Without efficient transportation, economic growth and the capacity for innovation will fail,” said Anita Huberman, President & CEO, Surrey Board of Trade. “Canada’s network of roads, bridges, and public transportation options is managed by the three levels of government, often with varying capacity for reliability. The unreliability of transportation funding, increasing population, and congestion will stall economic growth.”
“The effective and sustainable movement of people and goods is not just critical for employers in Metro Vancouver, but for businesses across Canada,” said Shaena Furlong, President & CEO of the Richmond Chamber of Commerce.
The Surrey Board of Trade and the Richmond Chamber of Commerce recommend that the Federal Government accelerate the implementation of the Permanent Federal Transit Fund to begin in 2024 that provides:
1. Reliable, predictable funding over a minimum 10-year term; and,
2. Funding for a study of the best technology implementation to relieve congestion.