City Receives Double Gas Tax Funding From Federal Government
Mar 22, 2019
Yesterday, Prime Minister Justin Trudeau visited Mississauga’s MiWay bus maintenance garage to highlight the municipal infrastructure top-up, announced in the Government of Canada’s Budget 2019, Investing in the Middle Class. The top-up will double the amount of money municipalities receive this year through the Federal Gas Tax Fund.
“I’m pleased with yesterday’s announcement by the federal government to double the federal gas tax for Mississauga,” said Mayor Bonnie Crombie. “This will provide us with approximately $80 million to use for transit and transportation infrastructure in our community to get people moving quickly and break gridlock. This announcement signals a further strengthening of the relationship between the federal government and municipalities and an understanding that as the level of government on the front lines, we need the funding and tools necessary to build world-class cities and healthy, prosperous communities.”
“Mississauga, like many cities across Canada, is looking for predictable and sustainable funding programs and the federal gas tax is one of the tools we rely on to fund our infrastructure and transit priorities,”said Janice Baker, City Manager and Chief Administrative Officer. “This one-time additional funding will enable us to deliver on our priorities of growing our transit and transportation infrastructure and systems including active transportation such as cycling.”
Baker further explained, “Ongoing investments in transit and transportation continue to be important in supporting future growth. Dedicated funding is needed for transit initiatives such as the Downtown Transitway Connection, the Regional Express Rail and Dundas Connects.”
Since 2005, Mississauga has received approximately $437 million through the Gas Tax Fund helping the City move forward in delivering on its Strategic Plan and City-building initiatives. Development projects such as the Port Credit West Village (former Imperial Oil Lands), Port Credit Harbour Marina and Lakeview Village (former OPG Lands) will help transform the City’s waterfront in the coming years. With funding support, Mississauga can continue to successfully plan for the long term.