May 22, 2014
Canada’s Gas Tax Fund supports local infrastructure priorities throughout British Columbia
VANCOUVER – The Honourable James Moore, Minister of Industry and Minister Responsible for British Columbia, the Honourable Coralee Oakes, Minister of Community, Sport and Cultural Development for British Columbia, and Rhona Martin, President of the Union of British Columbia Municipalities, celebrated today an agreement for the renewed federal Gas Tax Fund that provides predictable, stable funding for public infrastructure across British Columbia.
The federal Gas Tax Fund provides local governments with the flexibility to choose and plan infrastructure projects based on their specific priorities. The renewed agreements will govern the flow of federal funds to each province and territory over the next 10 years, from 2014-15 until 2023-24.
Since 2006, significant improvements have been made to the Gas Tax Fund; it has been extended, doubled, indexed and made permanent. By enshrining these commitments in legislation, provinces, territories and local governments are assured of an ongoing funding stream to address community infrastructure needs and priorities.
Under the renewed Gas Tax Fund, eligible categories have also been expanded, providing local governments with more flexibility than ever before to support local infrastructure.
With this agreement the Government of Canada is ensuring a seamless transition to the New Building Canada Plan, the largest long-term federal commitment to investing in Canada’s public infrastructure in our nation’s history.
Quick Facts
Quotes:
The Honourable James Moore, Minister of Industry and Minister Responsible for British Columbia on behalf of the Honourable Denis Lebel, Minister of Infrastructure, Communities, and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec –
“Our Government’s commitment to communities has never been stronger. Through our unprecedented financial support for public infrastructure, we are ensuring communities across the country enjoy a high standard of living, new economic opportunities, and a safe, healthy environment.
We are proud to support economic growth across British Columbia by supporting your infrastructure priorities through the federal Gas Tax Fund. We are very pleased to have reached an agreement with British Columbia and the Union of British Columbia Municipalities, which will make this important funding available and allow communities to address their specific infrastructure priorities.”
The Honourable Coralee Oakes, Minister of Community, Sport and Cultural Development –
“Renewing the Gas Tax Agreement sustains support for key local infrastructure projects in British Columbia over the next ten years. Achieved by a partnership between the Government of British Columbia, the Union of British Columbia Municipalities and the Government of Canada, the agreement provides significant funding to help B.C. communities continue to prosper as great places to live, work, invest, play and visit.”
Rhona Martin, UBCM President –
“Community infrastructure is a cornerstone for the quality of life in British Columbia. By transferring $2.76 billion to local governments over the next decade, the federal Gas Tax Fund is making a significant contribution to the core infrastructure in our communities. The Gas Tax Fund has already supported more than 2000 local projects in BC. This new agreement will help build thousands more.”
*NOTE: GTF funding by jurisdiction for the first five years (2014-2019) is based on 2011 Census data. GTF funding for 2019-2024 will be based on 2016 Census data. For illustrative purposes, Census 2011 data has been used for all 10 years. Due to the indexation of the GTF, funding for 2019-2024 is expected to be at least equal to GTF funding for the first five years.
Media Contacts:
Vincent Rabault
Press Secretary
Office of the Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec
613 943-1838
Gillian Rhodes
Communications Manager
Ministry of Community, Sport and Cultural Development
250 356-6334
Paul Taylor
Director of Communications
UBCM
250 356-2938
Infrastructure Canada
613 960-9251
Toll free: 1 877 250-7154
media@infc.gc.ca
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