Market Overview

Building stronger communities across Prince Edward Island with federal Gas Tax Fund

Share:

Building stronger communities across Prince Edward Island with federal Gas Tax Fund

Canada NewsWire

First of two annual funding transfers now available for 72 communities across the province

CHARLOTTETOWN, Aug. 10, 2018 /CNW/ - Investing in modern, efficient public infrastructure is key to promoting economic growth, strengthening the middle class and developing healthy sustainable communities.

The Government of Canada has delivered the first of two $8.25 million annual installments of the federal Gas Tax Fund (GTF) to Prince Edward Island. In total, the province will receive over $16.5 million this year through the fund.

The GTF is a long-term, indexed source of funding that supports local infrastructure projects across the province each year. In Abrams Village, the GTF will support the construction of new sidewalks, storm drains and ditches to increase pedestrian safety. The Town of Souris plans to build a multi-use cultural building for residents of surrounding communities. It will include a new public library, a space for an early childhood development organization, and space for theatrical and community events.

North Rustico will use their GTF contribution to develop a fully serviced subdivision for single family homes, affordable housing, senior assisted living facilities and green recreational spaces. Tignish will replace 785 metres of sewer mains to improve wastewater infrastructure in the town.

Culture, capacity building, wastewater infrastructure and roads are only four of the 18 project categories eligible for funding under the program. This wide range demonstrates the flexibility of the GTF in allowing communities to direct their allocations to their most pressing local needs.

Quotes

"Local governments know best what their communities need, and the Government of Canada is proud to deliver stable, long-term funding that they count on to develop and maintain their public infrastructure. By investing in our communities, the Government of Canada is promoting economic growth and environmental sustainability, strengthening the middle class and helping ensure all Canadians have access to the opportunities they need to succeed."

The Honourable François-Philippe Champagne, Minister of Infrastructure and Communities

Investments in Island communities make our province stronger, enabling growth while enhancing our cultural and recreational spaces, safeguarding the environment and ensuring access to reliable, safe, modern water and wastewater services. The Government of Prince Edward Island is committed to working with all levels of government to renew infrastructure throughout our province.

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

Quick Facts

  • The two federal Gas Tax Fund installments for this year flow to communities through the provincial government under the Investing in Canada plan.
  • Communities can invest across 18 different project categories. They 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.
  • Through its Investing in Canada plan, 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.

Related product

2018-2019 federal Gas Tax Fund allocations in Prince Edward Island by community:

Backgrounder

Prince Edward Island's 2018-19 federal Gas Tax Fund allocations

The Government of Canada has delivered the first of two annual $8.25 million federal Gas Tax Fund (GTF) instalments to Prince Edward Island. The funding will flow through the provincial government to the following 72 communities on a per capita basis. In total, the GTF will provide over $16.5 million this year for local infrastructure projects.

2018-19 GTF allocations per community1



Ultimate Recipient

Allocation 2018-19

Abrams Village

$100,000

Afton

$32,169

Alberton, Town of

$114,659

Alexandra

$5,897

Annandale-Little Pond-Howe Bay

$6,897

Bedeque

$8,161

Belfast

$43,094

Bonshaw

$5,739

Borden-Carleton

$100,000

Brackley

$8,950

Breadalbane

$4,554

Brudenell

$9,530

Cardigan

$8,740

Central Kings

$8,661

Charlottetown

$3,491,492

Clyde River

$15,163

Cornwall

$521,471

Crapaud

$100,000

Darlington

$2,869

Eastern Kings

$18,480

Ellerslie-Bideford

$9,398

Georgetown

$100,000

Government of Prince Edward Island (Communities and Capacity Building Fund)

$2,255,550

Government of Prince Edward Island (Municipal Services)

$4,950,000

Grand Tracadie

$7,713

Greenmount-Montrose

$6,792

Hampshire

$11,056

Hazelbrook

$4,528

Hunter River

$100,000

Kensington, Town of

$151,128

Kingston

$20,902

Kinkora

$100,000

Lady Slipper

$21,191

Linkletter

$8,424

Lorne Valley

$2,790

Lot 11 & Area

$16,716

Lower Montague

$17,506

Malpeque Bay

$27,088

Meadowbank

$8,898

Miltonvale Park

$30,352

Miminegash

$4,554

Miscouche

$100,000

Montague

$191,435

Morell

$100,000

Mount Stewart

$100,000

Murray Harbour

$100,000

Murray River

$8,792

New Haven-Riverdale

$12,768

North Rustico

$100,000

North Shore

$29,273

North Wiltshire

$4,791

Northport

$4,949

O'Leary

$100,000

Pleasant Grove

$13,057

Resort Municipality

$100,000

Sherbrooke

$4,528

Souris West

$10,504

Souris, Town of

$118,498

St. Felix

$9,161

St. Louis

$1,343

St. Nicholas

$5,212

St. Peter's Bay

$100,000

Stratford

$866,155

Summerside

$1,490,163

Tignish Shore

$1,922

Tignish

$100,000

Tyne Valley

$100,000

Union Road

$6,186

Valleyfield

$17,690

Victoria

$100,000

Warren Grove

$9,661

Wellington

$100,000

West River

$19,507

York

$7,476

 

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:  https://www.princeedwardisland.ca/en/information/transportation-infrastructure-and-energy/gas-tax-fund

 _______________________

1

Amounts exclude administrative costs.

 

Associated links

Investing in Canada, Canada's long-term infrastructure plan: http://www.infrastructure.gc.ca/plan/icp-publication-pic-eng.html

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

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

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

Twitter: @INFC_eng 
Web: Infrastructure Canada

 

SOURCE Infrastructure Canada

View original content: http://www.newswire.ca/en/releases/archive/August2018/10/c7561.html

View Comments and Join the Discussion!