Feds, province, Winnipeg renew deal for infrastructure money
Gas Tax Fund deal means $1.2 billion for Manitoba over next decade
An agreement that pours millions of dollars in federal infrastructure funds into the province has been extended for 10 years.
Federal and provincial officials made the announcement Friday at Winnipeg city hall.
Mayor Sam Katz said it means $40.5 million dollars for the city, out of $65 million in total for the province in 2014 alone.
Officials said Canada's Gas Tax Fund, which began in 2006 and funds local infrastructure projects across Canada, has been doubled, indexed and made permanent.
The renewed agreements apply to the flow of federal funds to provinces and territories from now until 2024.
Over the next decade, Manitoba will see almost $1.2 billion in dedicated federal funding for infrastructure, out of a total of $53 billion.
It also includes, for Manitoba, more than $467 million under the New Building Canada Fund and an estimated $713 million under the federal Gas Tax Fund.
Officials said between 2006 and 2012, Manitoba municipalities spent approximately $280 million from the federal Gas Tax Fund to support over 900 local infrastructure projects, such as:
- installation of a new water and sewer system in the Rural Municipality of Rockwood
- expansion of a sewage lagoon in the Rural Municipality and Town of Minitonas
- reconstruction of a local road in the Rural Municipality of Ritchot
- upgrade of the sewer system in the Village of Glenboro