Brandon, MB - Larry Maguire, Member of Parliament for Brandon-Souris is pleased that the first installment of the federal Gas Tax Fund is being made available to support local infrastructure priorities for the communities of Southwestern Manitoba.
Maguire said, "Improving our roads and investing in critical infrastructure is top of mind for the constituents of Brandon-Souris. As your Member of Parliament I will continue to be a strong voice for our region and move projects in the right direction."
Over the next ten years, Manitoba municipalities will receive an estimated $713 million in new federal infrastructure funding through the Gas Tax Fund. Funding is provided up front, twice a year to the Government of Manitoba, who then releases funds to municipalities across the province.
In addition, the number of eligible investment categories has doubled, allowing communities to apply their Gas Tax funding to a wider variety of projects that meet their particular infrastructure priorities.
- The federal Gas Tax Fund transfer has provided $13 billion to Canadian communities to date. Over the 10-year life of the New Building Canada Plan from 2014 to 2024, the Gas Tax Fund will provide close to $22 billion in funding for municipalities.
- Thanks to new, expanded eligible investment categories, funding can now be spent in the following areas: drinking water; wastewater; solid waste; public transit; local roads and bridges; community energy systems; capacity building; disaster mitigation; broadband connectivity; highways; short-line rail; brownfield redevelopment; regional and local airports; and projects supporting culture, tourism, sport and recreation.
- The federal Gas Tax Fund is the largest component of the New Building Canada Plan, which will provide $53 billion in funding to communities across the country over the next decade.
- Since 2006, significant improvements have been made to the Gas Tax Fund:
- In 2007 it was extended through its original program end date to 2014,
- In 2008 it was doubled from $1 billion to $2 billion annually,
- In 2011 it was legislated as a permanent source of funding, and,
- In 2013 it was indexed at 2 percent per year.
- By enshrining these commitments in legislation, provinces, territories and municipalities are assured of an ongoing funding stream to address their municipal infrastructure needs and priorities.
To learn more about the federal Gas Tax Fund visit: http://www.infrastructure.gc.ca/plan/gtf-fte-eng.html