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Coronavirus: London, Ont., to receive over $40 million in Phase 1 of provincial, federal funding
will receive a total of up to $4 billion in funding to help cover the costs incurred due to the coronavirus pandemic — with up to half earmarked for public transit. The province said it is contributing $1.22 billion for municipalities, with Ottawa providing $777 million, while both levels of government would split up to $2 billion in transit funding equally.The federal contribution is coming from the $7 billion Ottawa promised to the province as part of its pandemic relief package, according to a spokesman for Ontario’s finance minister.