https://www.cbc.ca/news/canada/toronto/crowd-funded-bus-take...
Unfortunately in my city (Toronto) and I would assume in many others it's illegal to run a private bus service.
https://www.cbc.ca/news/canada/toronto/liberty-village-shutt...
So we're stuck with the government monopoly burdened with the enormous costs of public service transit unions with some transit union workers making six figures for things like being bus drivers or ticket collectors. Then you have bus routes that are not decided by numbers business purposes but by politics. Finally you have rude drivers and buses and trains that smell like urine. And you have buses and trains provided by special favored contractors that are technologically and mechanically less than what is available. My aging mother says it hurts her body to ride the bus because it doesn't provide a smooth comfortable ride.
So if we want funding into buses and trains we can start by dealing with the political quagmire that has made buses and trains inefficient and unfriendly to users. But the familiar government cry of "just keep throwing more money at it until the problem is solved" is likely not the best solution.