Trudeau delivers of $2.2B Gas Tax Fund To Provinces early. The Gas Tax will help infrastructure project
As we the Canadian Government continues to focus on the health and safety of all Canadians during the COVID-19 pandemic, they have initiated many actions to support small towns and big cities across the country to restart the economy, and create good, well-paying jobs.
Today, Prime Minister Trudeau announced that funding delivered through the federal Gas Tax Fund will be accelerated this year to help communities as quickly as possible while respecting public health guidelines.
This means that $2.2 billion in annual federal infrastructure funding for communities will be delivered in one payment in June. Early delivery of the full funding for 2020-21 will help communities quickly move forward with infrastructure projects that will improve our quality of life and help restart local economies.
“From coast to coast to coast, Canadians are feeling the economic impacts of COVID-19, while they do what they can to protect the health and safety of their families and communities. That is why we are taking action to restart the economy, get Canadians back to work, and come out of this stronger. This funding will help communities address their immediate needs, while also planning the infrastructure they need for the future.”The Rt. Hon. Justin Trudeau, Prime Minister of Canada
The federal Gas Tax Fund includes 18 different project categories, including capacity building, sport infrastructure, and roads. Communities 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.
Communities have flexibility to use the funding to meet their local needs. Projects could include access to high-speed broadband, improvements to water and road systems, and the building of cycling and walking paths. These projects create jobs, and improve how Canadians live, work, and play.
Since the start of the crisis, Prime Minister Trudeau has worked closely with the provinces and territories to look at ways to further support municipalities as part of this ongoing collaboration
Deputy Prime Minister Chrystia Freeland has worked closely with premiers with and provided additional government representation to the Western provinces.
Throughout global pandemic, the Canadian Government remains a handful of countries that have been able to flatten the curb through consistent messaging
The pandemic has crippled most economies leaving many citizens and businesses without a clear outlook of the future. This has not been the case for Canadians. Through the implementation of government financial infusion into businesses, organizations and students, Canadians are poised to come out of the pandemic in good shape.
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