Mayor Tory announces new grant aimed at supporting small businesses impacted by transit construction

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Mayor Tory announces new grant aimed at supporting small businesses impacted by transit construction
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A new program will provide grants of up to $50,000 to Business Improvement Areas (BIAs) and other community organizations to “address the unintended effects that transit construction can have on local businesses,” Mayor John Tory announced on Thursday.

The Transit Expansion Construction Mitigation Grant Program, launched by the City of Toronto in partnership with FedDev Ontario and Metrolinx, will be made available for BIAs, non-profit organizations and “charities demonstrating a strong local business involvement.”

“Metrolinx’s contribution is dedicated specifically to supporting BIAs and businesses impacted by the Eglinton Crosstown Light Rail Transit construction.” “There were hundreds of businesses lost on St. Clair when the TTC work was done there, and there were hundreds lost along Eglinton [during construction of the] Crosstown,” Kiru told CP24 earlier this week.

“Metrolinx has worked to adopt innovative ways to support the local BIAs business community along the corridor since construction began on the [Eglinton Crosstown] project,” said Paul Manhire, Executive Vice President of light rail & bus projects at Metrolinx.

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