ARCHIVED - Gas Tax Fund
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The Government of Canada is committed to respecting provincial and municipal jurisdiction and responsibilities while promoting the long-term sustainability of Canadian communities through strong policy leadership, key partnerships and strategic infrastructure investments. As part of this commitment to Canadians, the Gas Tax Fund strives to meet the diverse needs of all communities by providing flexible, predictable and stable funding in support of municipal infrastructure that preserves the environment and enhances the quality of life for all Canadians.
Initial assessments of the GTF indicate that its flexibility in allowing communities to meet their infrastructure needs is its greatest strength. These assessments also state that the program is meeting its objectives and running efficiently. The GTF is also fostering good cooperation and collaboration among governments. Its predictability gives communities the assurance to engage in long-term planning.
Successful projects have already been completed in all jurisdictions due to the speed and efficiency with which the program was up and running and also to its flexible design. For an infrastructure program to demonstrate such tangible benefits after only two years is a testament to the success of the GTF's innovative program design.
The announcement in Budget 2008 to establish the GTF as a permanent measure at $2 billion per year beyond 2014 confirms the program's key role in building more sustainable communities across the country on an ongoing basis.
The Government of Canada will continue to work with the provinces, territories and municipalities to ensure the success of the GTF, so all Canadians may enjoy the benefits of modern, public infrastructure: for a better, safer, stronger Canada.
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