Monday, February 26, 2024

MP Larry Miller Announces Support for Local Infrastructure Through Federal Gas Tax Fund


roads infrastructure sam vance

Larry Miller, MP for Bruce-Grey-Owen Sound, has announced support for local infrastructure by providing funding to local governments through the federal Gas Tax Fund.

This funding will see a total of $4,554,021 transferred to local governments in Bruce-Grey-Owen Sound to support infrastructure projects.

The federal Gas Tax Fund is the largest component of the New Building Canada Plan, which will provide $53 billion in funding to communities across the country over the next 10 years. The Gas Tax Fund is provided up front, twice a year for projects that are chosen by local governments. Funding can be spent in the following areas: drinking water, wastewater, capacity building, disaster mitigation, broadband connectivity, solid waste, public transit, local roads and bridges, community energy systems, brownfield redevelopment, regional and local airports, highways, short-line rail, and projects supporting culture, tourism, sport and recreation.

Through this first instalment of the Gas Tax Fund, Bruce County will be receiving $1,873,676 in funding and Grey County will be receiving $2,680,345. These funds will be distributed amongst other tiers of municipal government within the counties.

I am very pleased to see that Bruce and Grey counties and local municipalities will be receiving significant funding for local infrastructure projects,” said Miller. “Having spent time in municipal government I understand the importance of this funding and am sure that this is a welcome announcement throughout Bruce and Grey counties.”

The Gas Tax Fund has provided $13 billion to Canadian communities to date. This year the fund will be indexed at two percent per year resulting in a growth of $1.8 billion over the next decade.

Popular this week

Latest news