First off was a smaller one, but still useful: $500k to put bike racks and shelters at OC Transpo stations. The funds are part of about $30M in federal infrastructure funding the city is finding a hard time finding suitable projects to fund; in short, ones that fall under infrastructure categories and also will be finished by the federal deadline. ($1M of that money will also be spent on OC Transpo operator rest stations.)
The bigger announcement, though, is a $5M annual allotment earmarked for cycling needs in the city. The motion, drafted by councillor Jacques Legendre and inspired by his recent trip to cycle-friendly Copenhagen, will be used to fund different projects to encourage cycling in Ottawa.