KENORA – Bob Nault, Member of Parliament (Kenora riding), on celebrated the Kenora riding receiving its first installment of the annual federal Gas Tax Fund (GTF), along with the top-up announced through Budget 2019, to support infrastructure projects in communities across the province.
“Modern and effective infrastructure helps promote economic growth and develop healthy sustainable communities,” stated Nault. “That’s why the Government of Canada has renewed its commitment to communities through the federal Gas Tax Fund, so that municipalities in the North have the financial resources to invest into their local priorities.”
This top-up doubles the amount of money for communities in the Kenora riding which will enable them to prioritize local infrastructure projects that support the well-being of their residents. This year alone, the annual allocation along with the additional top-up totals $4,711,392,00. This additional funding will be available to communities in the riding for local infrastructure priorities like water and wastewater, local roads, sports and recreation facilities and tourism infrastructure. about a week ago, municipalities received the top-up in their bank account
“About a week ago, municipalities in the riding received the top-up in their bank account. This investment will help them decide what type of modern infrastructure they want to invest in for the 21st century,” concluded Nault. “The federal Gas Tax Fund investment will help stimulate economic growth in the North and will also ensure that Northerners enjoy a high quality of life for generations to come.”
|Sioux Narrows-Nestor Falls||$91,730.00|
|Grand total with one-time top-up: 2018-19||$4,711,392,00|
- The federal Gas Tax Fund delivers over $2 billion every year to over 3,600 communities across the country. In recent years the funding has supported approximately 4,000 projects each year.
- To help address the short-term infrastructure priorities of municipalities and Indigenous communities, Budget 2019 includes a top-up of $2.2 billion to the federal Gas Tax Fund.
- The GTF is flexible in allowing municipalities, local governments and First Nations communities to apply funding to their most pressing local needs. Communities can invest across 18 different project categories, including recreation, water systems and roads. They can also use the funds immediately for priority projects, bank them for later use, pool the dollars with other communities for shared infrastructure projects, or use them to finance major infrastructure expenditures.
- Through its Investing in Canada plan, the Government of Canada is investing more than $180 billion over 12 years in public transit projects, green infrastructure, social infrastructure, trade and transportation routes, and Canada’s rural and northern communities.
- The plan includes more than $92 billion for permanent funding such as the Gas Tax Fund and more than $95 billion in new funding for infrastructure programs.
- To date, more than 48,000 projects have been approved under the plan and the majority of these projects are either underway, or already completed.