A big investment into public transit systems by the federal government focuses on the need to develop Canada's public transit systems.
The investment, worth close to $15-billion dollars, will be distributed over an 8 year period to regions across Canada.
Kitchener Mayor Berry Vrbanovic says seeing this level of commitment to local transit has been a long time coming.
"I think what's important is that we know that making these investments creates jobs, shortens commutes, and reduces emissions. Thus, not only does it contribute to our economic growth, but the green and climate change commitments that we've made as a country."
He says it is not yet clear how exactly the dollars will be allocated.
"Will they flow purely on an application basis? Will they flow purely on a ridership basis or some combination thereof to account for a growing transit system like ours? That's a conversation that will happen between FCM and our federal government in the weeks ahead."
Vrbanovic adds this investment could end up turning into a potential funding source for stage 2 of the ION.
"It's really important for our region. Obviously, transit is a regional responsibility in Waterloo Region, so the funding would ultimately flow to them for the growth and ongoing investment both for the Grand River Transit, as well as the ION."