Mount Royal to receive more than $5 million for priority infrastructure projects

Mount Royal to receive more than $5 million for priority infrastructure projects

News Release For Immediate posting

Mount Royal to receive more than $5 million for priority infrastructure projects

Transfer of a portion of the federal Gas Tax Fund revenues and the Government of Quebec’s contribution

Mount Royal (Quebec), September 19, 2014 – The Honourable Senator Jean-Guy Dagenais, on behalf of the Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, the Honourable Denis Lebel, and Pierre Arcand, Quebec Minister of Energy and Natural Resources and Member of the National Assembly for Mount Royal, on behalf of Quebec’s Minister of Municipal Affairs and Land Occupancy, Pierre Moreau, are pleased to announce that the town of Mount Royal will receive $5,808,925 over the next five years under the new federal-provincial Gas Tax Fund agreement and from the Government of Quebec’s contribution for the completion of priority infrastructure projects. “The federal Gas Tax Fund supports economic growth from coast to coast by ensuring that Canadian communities continue to provide a quality of life that ranks among the best in the world. Our government is proud to provide municipalities with predictable, long-term funding to help them build and revitalize their public infrastructure while creating jobs and promoting long-term prosperity,” said the Honourable Senator Dagenais. « I am very pleased to be announcing this government assistance today for the electoral district of Mount Royal. This investment will allow the municipality to better plan its local infrastructure spending and ensure the realization of projects essential to its development and to improving the quality of life for all citizens, » added the minister Arcand. Under the federal Gas Tax Fund and the contribution from the Government of Quebec, financial support for municipal infrastructure in Quebec will amount to $2.67 billion over the next five years. The federal Gas Tax Fund provides long-term, stable and predictable funding to help Canadian municipalities build and revitalize their local infrastructure while creating jobs and promoting long-term prosperity. The funding has been extended and the amount allocated has doubled, increasing from $1 billion to $2 billion per year. It has also been indexed at 2% per year and legislated as a permanent source of federal infrastructure funding for municipalities.

Quick facts [kleo_list][kleo_list_item] The purpose of the new agreement between Canada and Quebec is to ensure funding for the renewal of municipal and local infrastructure with a view to sustainable development.[/kleo_list_item]

[kleo_list_item]The Government of Canada will distribute $1.89 billion to the Government of Quebec for municipal infrastructure over a five-year period, which will be supplemented by a $780-million contribution from Quebec.[/kleo_list_item][/kleo_list]

Associated links To find out more about the federal Gas Tax Fund, go to http://www.infrastructure.gc.ca/plan/gtf-fte-eng.html To consult the new Gas Tax Fund agreement between Canada and Quebec, go to http://www.infrastructure.gc.ca/prog/agreements-ententes/gtf-fte/2014-qc-eng.html For additional information on the Programme de la taxe sur l’essence et la contribution du Québec 2014-2018, go to http://www.mamrot.gouv.qc.ca/infrastructures/programme-de-transfert/programme-de-la-taxe-sur-lessence-et-dela-contribution-du-quebec-2014-2018-tecq/ (French only)

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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

Catherine Poulin Press Secretary Office of the Minister of Municipal Affairs and Land Occupancy 418 691-2050

Véronique Normandin Press Secretary Office of the Minister of Energy and Natural Resources, Minister responsible for the Northern Plan and MNA for Mount Royal 418 643-7295

Émilie Lord Communications Branch Ministry of Municipal Affairs and Land Occupancy 418 691-2015, extension 3242 Infrastructure Canada 613 960-9251 Toll free: 1-877-250-7154 media@infc.gc.ca Follow us on Twitter at @INFC_eng Website: www.infc.gc.ca

To download the press release here

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