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Tag: Calgary Transit Emissions

City committee endorses proposal to buy electric buses for Calgary Transit – Calgary
Global News

City committee endorses proposal to buy electric buses for Calgary Transit – Calgary

The decision to move forward with a proposal to purchase up to 259 electric buses will be in the hands of Calgary city council after a committee gave the plan its endorsement. The city’s executive committee got a presentation on the $491 million plan to purchase the buses on Tuesday before voting unanimously to bring the proposal to city council as a whole.According to city officials, the proposal relies on a $168 million loan from the Canada Infrastructure Bank, and an additional $223 million in grants. The City of Calgary would need to put $100 million towards the proposal.“This is really good news,” Mayor Jyoti Gondek told reporters. “For every dollar we’re putting in, we appear to be receiving four dollars back.”Funds to cover the purchase of 259 zero-emission 40-foot buses wo...