Mu­nic­i­pal­i­ties To Re­ceive More Than $21.6 Mil­lion

Stanstead Journal - - NEWS BRIEFS -

The Hon­ourable Se­na­tor, Pierre-Hugues Boisvenu, on be­half of the Min­is­ter of In­fra­struc­ture, Com­mu­ni­ties and In­ter­gov­ern­men­tal Af­fairs and Min­is­ter of the Eco­nomic De­vel­op­ment Agency of Canada for the Re­gions of Que­bec, the Hon­ourable De­nis Lebel, and the Mem­ber of the Na­tional Assem­bly for Or­ford and Chair of the Com­mit­tee on Trans­porta­tion and the En­vi­ron­ment, Pierre Reid, on be­half of Que­bec’s Min­is­ter of Mu­nic­i­pal Af­fairs and Land Oc­cu­pancy, Pierre Moreau, are pleased to an­nounce that 20 Estrie com­mu­ni­ties will re­ceive $21,621,492 over the next five years un­der the new fed­eral-provin­cial Gas Tax Fund agree­ment and from the Gov­ern­ment of Que­bec’s con­tri­bu­tion for the com­ple­tion of pri­or­ity in­fra­struc­ture projects.

“The fed­eral Gas Tax Fund sup­ports eco­nomic growth from coast to coast by en­sur­ing that Cana­dian com­mu­ni­ties con­tinue to pro­vide a qual­ity of life that ranks among the best in the world. Our gov­ern­ment is proud to pro­vide mu­nic­i­pal­i­ties with pre­dictable, long-term fund­ing to help them build and re­vi­tal­ize their pub­lic in­fra­struc­ture

while cre­at­ing jobs and pro­mot­ing long-term pros­per­ity,” said the Hon­ourable Boisvenu.

“Thanks to the new Canada-Québec Gas Tax Fund Agree­ment, Or­ford’s twenty mu­nic­i­pal­i­ties now have a re­li­able, flex­i­ble, pre­dictable source of fund­ing for their wa­ter and waste­water projects, roads and pub­lic tran­sit, as well as for in­fra­struc­ture projects in the newly added cat­e­gories of com­mu­nity, cul­ture, and sports and recre­ation, “added the Mem­ber of the Na­tional Assem­bly Reid.

Un­der the fed­eral Gas Tax Fund and the con­tri­bu­tion from the Gov­ern­ment of Que­bec, fi­nan­cial support for mu­nic­i­pal in­fra­struc­ture in Que­bec will amount to $2.67 bil­lion over the next five years.

The fed­eral Gas Tax Fund pro­vides long-term, sta­ble and pre­dictable fund­ing to help Cana­dian mu­nic­i­pal­i­ties build and re­vi­tal­ize their lo­cal in­fra­struc­ture while cre­at­ing jobs and pro­mot­ing longterm pros­per­ity. The fund­ing has been ex­tended and the amount al­lo­cated has dou­bled, in­creas­ing from $1 bil­lion to $2 bil­lion per year. It has also been in­dexed at 2% per year and leg­is­lated as a per­ma­nent source of fed­eral in­fra­struc­ture fund­ing for mu­nic­i­pal­i­ties.

Trans­fer of a por­tion of the fed­eral Gas Tax Fund rev

enues and the Gov­ern­ment of Que­bec’s con­tri­bu­tion

Photo cour­tesy

Se­na­tor Pierre-Hugues Boisvenu (left) and Or­ford MNA Pierre Reid an­nounced over $20 mil­lion in fund­ing for in­fra­struc­ture projects last Fri­day.

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