The Government of Canada is committed to making investments that will help create jobs and grow the middle class now, while building a strong foundation for a sustainable economic future.
Mike Bossio, the Member of Parliament for Hastings—Lennox & Addington applauded the federal government’s recent announcement that it will increase its cost share for municipal projects in the provinces from 50% to 60% for communities with a population of under 5,000. Eligible projects fall under the $2 billion rural and northern communities’ infrastructure stream of the Investing in Canada plan, which includes projects such as facilities that support local roads and bridges, and enhanced broadband connectivity.
The increased federal cost share will help small communities across Canada address their unique and wide ranging infrastructure priorities, improve sustainability and increase economic opportunities.
This is great news for over 3,000 small municipalities across Canada, including Bancroft, Carlow/Mayo, Centre Hastings, Deseronto, Faraday, Hastings Highlands, Limerick, Madoc, Marmora & Lake, Stirling-Rawdon, Tudor & Cashel, Tyendinaga, Wollaston, and Addington Highlands here in Hastings-Lennox & Addington, all of which could benefit from today’s announcement.
The funding will be made available through new bilateral agreements that are currently under negotiation between Infrastructure Canada and each of the provinces and territories as part of the Investing in Canada plan. The agreements are expected to be signed by spring 2018, opening the door to new project approvals.
“I have been advocating for small, rural communities since day one. Many small municipalities lack the financial and human resources they need to compete with larger communities. That’s why it was so important to me to fight for the $2 billion dollars in infrastructure funding for these communities. I am proud to see we have a government that engages with small, rural communities, and acts on their advice and needs. This announcement will help to level the playing field, unlock economic development, and ensure sustainability for our rural communities here in Ontario, and across Canada.”
- Mike Bossio, Member of Parliament for Hastings—Lennox & Addington
“Through the Government of Canada’s Investing in Canada plan, we will invest more than $180 billion in infrastructure over 12 years in communities all across Canada. By increasing the federal cost-share for smaller communities, Canadians living, working and raising families in those communities will enjoy increased opportunities, and a more sustainable economic future.”
- The Honourable Amarjeet Sohi, Minister of Infrastructure and Communities
- 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’ infrastructure.
- Infrastructure Canada is currently negotiating new bilateral agreements with provinces and territories that will make over $33 billion available over the next decade to support Canadian communities’ diverse needs.
Government of Canada’s $180-billion+ Investing in Canada plan: http://www.infrastructure.gc.ca/plan/about-invest-apropos-eng.html
Investing in Canada plan project map: http://www.infrastructure.gc.ca/gmap-gcarte/index-eng.html
Federal infrastructure investments in Ontario: http://www.infrastructure.gc.ca/map-carte/on-eng.html
Smart Cities Challenge: http://www.infrastructure.gc.ca/plan/cities-villes-eng.html