ARCHIVED - Gas Tax Fund
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Building Canada is the Government of Canada's blueprint for a modern and prosperous country equipped to meet the challenges of the 21st century. The Plan allows the federal government to work collaboratively with the provinces, territories, municipalities and others to deliver tangible results that matter to Canadians — safer roads, cleaner water and air, and vibrant and healthy communities.
Building Canada provides a number of flexible initiatives and targeted programs that balance regional needs with national priorities. Together, these programs provide a total federal investment of $33 billion over seven years through to 2014 — the largest single federal commitment to public infrastructure of this type, and one of the largest funding commitments ever made by a federal government. Strategic investments through the national infrastructure plan are designed to produce results in three areas of national importance:
- a growing economy
- a cleaner environment and
- strong, prosperous communities.
The Building Canada plan includes a number of flexible initiatives and programs:
|Municipal GST Rebate||$5.8B|
|Gas Tax Fund (GTF)||$11.8B|
|Building Canada Fund||$8.8B|
|Public-Private Partnerships Fund||$1.25B|
|Gateways and Border Crossings Fund||$2.1B|
|Asia-Pacific Gateway and Corridor Initiative||$1.0B|
|Provincial-Territorial Base Funding||$2.275B|
The GTF is the largest fund established for municipal infrastructure under the Building Canada plan. Over the seven years of the program, eligible Canadian municipalities will receive $11.8 billion for their infrastructure needs. Budget 2008 has announced the GTF as a permanent measure beyond 2014, at $2 billion per year, which will make it the first ongoing program of its kind.
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