Over $30.1 Million transferred to the federal Gas Tax Fund
Communities in all provinces and territories to benefit from the program's increased flexibility
(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 03/31/17 -- Investing in infrastructure is vital to strengthening the middle class and growing the economy. Modern, efficient public infrastructure contributes to a high quality of life by helping connect people to jobs, improve water systems, provide access to better community services, and support new business opportunities.
In Budget 2016, the Government of Canada asked provinces and territories to prioritize the remaining $837 million in uncommitted legacy infrastructure funding towards projects by March 31, 2016 and committed to transfer any remaining funding to municipalities through the Gas Tax Fund. The Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, authorized the transfer of over $30.1 million in funding from a number of previously established funding programs to the federal Gas Tax Fund (GTF) this month. The funding was allocated to provinces and territories as a one-time top-up to the $2.1 billion already made available to communities annually through the ongoing transfer program.
By transferring the funds to the federal GTF, the Government of Canada is providing provincial, territorial and municipal partners with greater flexibility on how they can direct federal infrastructure dollars to their diverse priorities and needs.
Quotes
"Working with our partners, some $800 million has been committed to projects across the country under these older programs. This transfer of remaining funds responds directly to what we heard from our provincial, territorial and municipal partners during our infrastructure consultations - that they needed increased flexibility to meet their diverse needs. This will allow communities to direct funding to their local infrastructure priorities in the near term. That means that whether a community needs to expand their recreational centre, repair roads, enhance a wastewater treatment system or make energy-saving upgrades to municipal buildings, the projects can go ahead sooner."
The Honourable Amarjeet Sohi,
Minister of Infrastructure and Communities
Quick Facts
Related product
Associated links
Government of Canada''s $180-billion+ infrastructure plan:
Federal infrastructure investments across Canada:
The federal Gas Tax Fund:
The annual allocation to provinces, territories and First Nations under the federal GTF:
Twitter:
Web:
Contacts:
Brook Simpson
Press Secretary
Office of the Minister of Infrastructure and Communities
613-219-0149
Infrastructure Canada
613-960-9251
Toll free: 1-877-250-7154
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 31.03.2017 - 10:00 Uhr
Sprache: Deutsch
News-ID 1496033
Anzahl Zeichen: 2968
contact information:
Contact person:
Town:
OTTAWA, ONTARIO
Phone:
Kategorie:
Government & Administration
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 473 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Over $30.1 Million transferred to the federal Gas Tax Fund
"
steht unter der journalistisch-redaktionellen Verantwortung von
Infrastructure Canada (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
