More than Transit: Governments Commit to Advance Transit to Unlock Housing, Jobs and a Connected Eastern Waterfront
March 30, 2026 | TORONTO, ON — The Government of Canada and the Province of Ontario today announced their commitment to a cost-sharing agreement alongside the City of Toronto to advance Waterfront East Transit — a landmark commitment to unlock housing, connect communities, and drive economic growth along Toronto’s eastern waterfront.
More than a transit project, Waterfront East Transit is a critical piece of infrastructure needed to help revitalize Toronto’s Eastern waterfront. By extending higher-order transit across the eastern waterfront to the Port Lands at the new Island called Ookwemin Minising, the project will unlock new neighbourhoods, connect people to jobs and destinations, and provide the certainty needed to deliver thousands of new homes.
Waterfront East Transit will ultimately support approximately 75,000 homes, helping to address Toronto’s housing needs while enabling long-term growth for the city, region, and country.
The project will serve more than 150,000 people who will live and work along the eastern waterfront and accommodate over 50,000 daily riders, connecting into a broader transportation network that includes new roads, trails, bridges, and streetcars, integrated with other major public transit hubs.
Public investment in enabling infrastructure delivers economic growth. Alongside the recently announced $975 million tri-government investment in enabling housing infrastructure on the waterfront, Waterfront East Transit is expected to create more than 100,000 jobs and generate more than $13.2 billion in economic value, delivering lasting economic impact locally, provincially, and nationally.
Today is another advancement in the continued commitment of all three levels of government to work together to deliver the infrastructure required to build connected, inclusive, and complete communities on Toronto’s waterfront.
#IdeasAtWork in #TorontoDanforth
"Waterfront East Transit will ultimately support approximately 75,000 homes, helping to address Toronto’s housing needs while enabling long-term growth for the city, region, and country." - @waterfrontoronto.bsky.social
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