Government of Canada Supports Public Transit Growth in Moncton Region

MONCTON, NEW BRUNSWICK--(Marketwired - May 21, 2015) - Infrastructure Canada

Robert Goguen, Member of Parliament for Moncton-Riverview-Dieppe and Parliamentary Secretary to the Minister of Justice, on behalf of the Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, was joined today by Monique LeBlanc, Member of the Legislature for Moncton East,
and George LeBlanc, Mayor of the City of Moncton, to announce funding of up to $2.7 million for the City of Moncton's Transit Fleet Replacement project under the New Building Canada Plan.

The project entails purchasing 11, forty-foot, heavy-duty transit buses to replace aging vehicles. The new buses are fully accessible and include up-to-date safety features such as impact plates to protect against accidents, single windshields with no blind spots, and larger ramp platforms for wheelchairs.

These vehicles will improve the reliability of the bus fleet in the Moncton area and significantly improve access to public transit for people with disabilities. This will help attract new users and contribute to ridership growth.

The New Building Canada Plan is the largest and longest federal infrastructure plan in Canada's history.
This unprecedented commitment is providing $53 billion to support provincial, territorial and municipal infrastructure between 2014 and 2024.

Over this ten-year period, New Brunswick will benefit from approximately $866 million in dedicated federal funding, including almost $394 million under the New Building Canada Fund.

Quick Facts

• The Government of Canada has selected this project for funding consideration of up to half of the total eligible project cost of $5,476,329, to a maximum of $2,738,164.50, under the New Building Canada Fund's Provincial-Territorial Infrastructure Component-National and Regional Projects. This funding is conditional on the project meeting applicable federal eligibility requirements with respect to the New Building Canada Fund and the signing of a contribution agreement.
• The Government of New Brunswick will be contributing $1,825,443 and the City of Moncton will be contributing $912,721.50.
• The $53-billion New Building Canada Plan provides stable funding for a 10-year period and includes:
  • the Community Improvement Fund, which consists of the Gas Tax Fund and the incremental Goods and Services Tax Rebate for Municipalities and will provide over $32 billion to municipalities for projects such as roads, public transit, recreational facilities, and other community infrastructure.
  • the $14-billion New Building Canada Fund, which consists of:
    • the $4-billion National Infrastructure Component that will support projects of national significance; and
    • the $10-billion Provincial-Territorial Infrastructure Component for projects of national, regional and local significance, with $1 billion going to communities with fewer than 100,000 residents through the Small Communities Fund.
  • an additional $1.25 billion in funding for the Public-Private Partnerships (P3) Canada Fund administered by PPP Canada.

Quotes

"Our Government's support for public infrastructure has never been stronger. We are pleased to work with the Government of New Brunswick to approve important projects like the City of Moncton's Transit Fleet Replacement project through the New Building Canada Fund. This program is helping ensure infrastructure funding continues to flow in New Brunswick as we focus on creating jobs, promoting growth, and building strong, prosperous communities across Canada."

Robert Goguen, Member of Parliament for Moncton-Riverview-Dieppe and Parliamentary Secretary to the Minister of Justice, on behalf of the Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec

"Our investments in public infrastructure renewal projects such as the Codiac Transpo project will help boost our economy and create jobs. This project will improve access to public transit for people with disabilities and assist in attracting new users."

Monique LeBlanc, Member of the Legislature for Moncton East

"This investment enables Codiac Transpo to renew its aging fleet and improve the reliability of our service. Our residents will now have access to modern buses, and we will provide enhanced service to people with disabilities. We are thankful for the investment from both levels of government and look forward to continuing our partnership on other important infrastructure projects."

George Leblanc, Mayor of the City of Moncton

Associated Links

To learn more about the New Building Canada Fund - Provincial-Territorial Infrastructure Component - National and Regional Projects, please visit http://www.infrastructure.gc.ca/plan/nrp-pnr-prog-eng.html.

For additional information on the New Building Canada Plan, visit http://www.infrastructure.gc.ca/plan/nbcp-npcc-eng.html.

To learn more about the Government of Canada's focus on jobs and the economy consult Canada's Economic Action Plan at http://www.budget.gc.ca/2015/home-accueil-eng.html.

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