Ontario has Granted Thales to Support Signalling Systems

Ontario has Granted Thales to Support Signalling Systems
March 20, 2009 8:36 am
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The Canadian Province of Ontario has granted Thales CA$12.8bn to support a signalling initiative that will help reduce transit emissions and increase passenger safety numbers.
The province is providing the grant to support an investment by Thales Rail Signalling Solutions of CA$85m over the next five years to improve its transit rail signalling technology.

The funding will be used to invest in green research and development programmes to upgrade and modernise technology that will allow trains to operate closer together, reduce energy consumption, and increase passenger capacity and efficiency.

 

The support comes from Ontario’s Next Generation of Jobs Fund, a CA$1.15bn business incentive programme designed to create and protect jobs in Ontario.

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