Every Prince Edward Island community to benefit from federal Gas Tax Fund transfer

First of two annual installments under federal Gas Tax Fund

CHARLOTTETOWN, July 31, 2017 /CNW/ - Modern and up-to-date community infrastructure helps connect people to jobs and provides access to better community services, attracts new businesses and creates economic growth.

This month, the Government of Canada delivered the first of two annual $7.8 million federal Gas Tax Fund (GTF) installments to Prince Edward Island. In total, the province will be provided with over $15.7 million this year through the fund. The funding, which flows through the provincial government to all of its municipalities, is now available to support community infrastructure projects. 

Based on previous years, GTF funding supports approximately 45 local infrastructure projects across Prince Edward Island each year.

Some examples of the projects being funded this year include the design and construction of a new community recreation complex in the Community of Morell. The Town of Stratford has plans to develop a boat launch from Mason Road and Greenmount-Montrose will use funding for the expansion of the current Montrose Community Centre. The range of planned projects helps demonstrate the flexibility that the GTF provides.

The two GTF installments for this year are in addition to funds being made available to Prince Edward Island under the Investing in Canada plan.

Quotes

"Through the federal Gas Tax Fund, communities across Prince Edward Island and the rest of Canada can direct federal funding to the infrastructure projects that address the most pressing needs of local residents and businesses, from improving drinking water to building new recreational facilities. The Government of Canada is proud to deliver this predictable, long-term funding to help ensure access to good middle class jobs, increased mobility, greater economic opportunities, sustainable communities and a high quality of life for all Canadians."

The Honourable Amarjeet Sohi, Minister of Infrastructure and Communities

"The Gas Tax Fund is very beneficial to our province, providing necessary funds to help rebuild and improve infrastructure important to Islanders and our province's economic growth. The Government of Prince Edward Island will continue to work with all levels of government to maintain, upgrade and renew needed infrastructure across our province."

The Honourable Paula Biggar, Minister of Transportation, Infrastructure and Energy for Prince Edward Island

Quick facts

  • Since the program was first introduced in 2005, over $159 million has been provided to communities in Prince Edward Island through the federal Gas Tax Fund.
  • The federal Gas Tax Fund makes over $2 billion available each year, and through it provides each community across Canada with a permanent, predictable and indexed source of long-term funding. The funding is made available in two installments each year, in July and November.
  • The federal Gas Tax Fund offers significant flexibility. Local communities can make strategic investments across 18 different project categories, including roads and bridges, public transit, drinking water and wastewater infrastructure, and recreational facilities. Communities can use the funds immediately for priority projects, bank the funds for later use, pool the dollars with other communities for shared infrastructure projects or use it to finance major infrastructure expenditures.
  • The Government of Canada will invest more than $180 billion over 12 years in public transit projects, green infrastructure, social infrastructure, trade and transportation routes, and Canada's rural and northern communities.

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Backgrounder

Federal Gas Tax allocations for Prince Edward Island communities in 2017-18

This month, the Government of Canada delivered the first of two annual $7.8 million federal Gas Tax Fund (GTF) installments to Prince Edward Island. In total, the province will be provided over $15.7 million this year through the fund. The funding, which flows through the provincial government to all of its communities on a per capita basis, is now available to support community infrastructure projects.

The following table indicates this year's federal Gas Tax Fund allocation breakdown for Prince Edward Island communities.

 


Abrams Village

$100,000.00

Afton

$30,706.61

Alberton

$108,096.42

Alexandra

$5,628.71

Annandale-Little Pond-Howe Bay

$6,583.58

Bedeque

$7,789.73

Belfast

$41,134.80

Bonshaw

$5,477.94

Borden-Carleton

$100,000.00

Brackley

$8,543.58

Breadalbane

$4,347.17

Brudenell

$9,096.39

Cardigan

$8,342.55

Central Kings

$8,267.17

Charlottetown

$3,291,654.96

Clyde River

$14,473.82

Cornwall

$491,624.41

Crapaud

$100,000.00

Darlington

$2,738.97

Eastern Kings

$17,639.97

Ellerslie-Bideford

$8,970.75

Georgetown

$100,000.00

Grand Tracadie

$7,362.55

Greenmount-Montrose

$6,483.07

Hampshire

$10,553.83

Hazelbrook

$4,322.04

Hunter River

$100,000.00

Kensington

$142,477.74

Kingston

$19,951.76

Kinkora

$100,000.00

Lady Slipper

$20,228.17

Linkletter

$8,041.01

Lorne Valley

$2,663.59

Lot 11 & Area

$15,956.38

Lower Montague

$16,710.23

Malpeque Bay

$25,856.88

Meadowbank

$8,493.32

Miltonvale Park

$28,972.77

Miminegash

$4,347.17

Miscouche

$100,000.00

Montague

$180,478.16

Morell

$100,000.00

Mount Stewart

$100,000.00

Murray Harbour

$100,000.00

Murray River

$8,392.81

New Haven-Riverdale

$12,187.16

North Rustico

$100,000.00

North Shore

$27,942.52

North Wiltshire

$4,573.33

Northport

$4,724.09

O'Leary

$100,000.00

Pleasant Grove

$12,463.57

Resort Municipality

$100,000.00

Sherbrooke

$4,322.04

Souris West

$10,026.14

Souris

$111,715.50

St. Felix

$8,744.60

St. Louis

$1,281.54

St. Nicholas

$4,975.38

St. Peter's Bay

$100,000.00

Stratford

$816,580.34

Summerside

$1,404,872.47

Tignish Shore

$1,834.36

Tignish

$100,000.00

Tyne Valley

$100,000.00

Union Road

$5,905.12

Valleyfield

$16,886.12

Victoria

$100,000.00

Warren Grove

$9,222.04

Wellington

$100,000.00

West River

$18,619.97

Winsloe South

$5,553.32

York

$7,136.40


 

More information on the federal Gas Tax Fund: http://www.infrastructure.gc.ca/plan/gtf-fte-eng.html

More information on the federal Gas Tax Fund in Prince Edward Island:  http://www.gov.pe.ca/tir/index.php3?number=1051928&lang=E

Associated links

Federal infrastructure investments in Prince Edward Island: http://www.infrastructure.gc.ca/map-carte/pe-eng.html

More on the federal Gas Tax Fund: http://www.infrastructure.gc.ca/plan/gtf-fte-eng.html

More on the federal Gas Tax Fund in Prince Edward Island: https://www.princeedwardisland.ca/en/information/transportation-infrastructure-and-energy/gas-tax-fund

Investing in Canada, the Government of Canada's new $180-billion infrastructure plan: http://www.infrastructure.gc.ca/plan/about-invest-apropos-eng.html

Twitter: @INFC_eng
Web: Infrastructure Canada

 

SOURCE Infrastructure Canada

For further information: Brook Simpson, Press Secretary, Office of the Minister of Infrastructure and Communities, 613-219-0149, Brook.Simpson@canada.ca; Ron Ryder, Senior Communications Officer, Transportation, Infrastructure and Energy, 902-368-5112, rrryder@gov.pe.ca; Infrastructure Canada, 613-960-9251, Toll free: 1-877-250-7154, infc.media-medias.infc@canada.ca

RELATED LINKS
http://www.infrastructure.gc.ca/

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