08/13/2019 | Press release | Distributed by Public on 08/13/2019 15:10
Doubling of the federal Gas Tax Fund delivers a boost in New Brunswick for 104 communities
August 13, 2019 Moncton, New Brunswick Infrastructure Canada
Modern public infrastructure is key to promoting economic growth, strengthening the middle class and developing healthy, sustainable communities. That is why the Government of Canada is renewing its commitment to communities through the federal Gas Tax Fund and delivering much needed support for their local priorities.
Today, the Honourable Francois-Philippe Champagne, Minister of Infrastructure and Communities, was joined by Her Worship Dawn Arnold, Mayor of Moncton, to announce that the first of two $22.5 million annual installments of the federal Gas Tax Fund (GTF) has been delivered to New Brunswick, along with a top-up of $47.6 million, made available through Budget 2019. This top-up doubles the amount of money for New Brunswick communities, based on their allocations for the 2018-19 GTF transfer, enabling them to carry out infrastructure projects that support the well-being of their residents.
The federal GTF is a long-term, indexed source of funding that supports a diverse range of local infrastructure projects across the province each year. For example, the Town of Rothesay used federal GTF funding to construct sidewalks and walking trails, improving the pedestrian network and providing better infrastructure for active transportation. Meanwhile, residents in the Village of Tide Head are benefitting from a sustainable blue bin recycling program which is contributing to a healthier environment. And in Moncton, residents will soon benefit from better storm sewers and retention ponds throughout the community, which will help prevent flooding during extreme weather events.
This year, the City of Moncton will receive a total of $4.9 million for their annual allocation, and an additional $5.1 million through the top-up.
This predictable funding, enhanced by a doubling of the 2018-19 GTF allocations, as announced in Budget 2019, is allowing communities to plan for current and future infrastructure priorities, so they can build the resilient infrastructure of the 21st century that residents deserve, and help ensure that New Brunswick remains among the best places in the world to live.