WINNIPEG, MANITOBA--(Marketwired - May 20, 2014) - Member of Parliament for Winnipeg South Centre Joyce Bateman spoke today at the forum of Economic Development Council for Manitoba Bilingual Municipalities regarding the New Building Canada Plan and what it means for Manitobans.
The New Building Canada Plan builds on the Government's unprecedented investments in infrastructure. In 2007, the Government of Canada introduced the seven-year, $33-billion Building Canada Plan, which provided stable, flexible and predictable funding across the country. This historic investment in public infrastructure continues with $70 billion over the next decade, including the $53 billion New Building Canada Plan for provincial, territorial and municipal infrastructure that enhances economic growth, job creation and productivity.
Across the country, the New Building Canada Plan will support local infrastructure priorities that will improve economic development and quality of life. Funding will help deliver cleaner water, better roads and easier access to public transit for residents. Projects funded through the New Building Canada Plan will ensure that communities in Canada remain competitive and innovative on the world stage. From investments in local roads to investments in water and wastewater, Canadians will benefit greatly from the New Building Canada Plan.
In addition, existing federal infrastructure programs will continue to support over 2,500 ongoing or new infrastructure projects across Canada during 2014 alone. From coast to coast, federal funding is flowing to these projects through the federal Gas Tax Fund, and other programs. In Manitoba, these include major infrastructure projects such as the Winnipeg Convention Centre Expansion and Renovation project and the Waverley West Arterial Roads project.
- Since 2006, our Government has nearly doubled the average annual federal funding for thousands of provincial, territorial, and municipal infrastructure projects across the country.
- In addition to over $33 billion in dedicated funding, municipalities also stand to benefit from $4 billion available for projects of national significance, as well as $1.25 billion in additional funding that is available for P3 projects.
- The renewed federal Gas Tax Fund agreement with Manitoba was signed on May 2, 2014 in Winnipeg. The renewed agreement will govern the flow of federal funds to the province over the next 10 years, from 2014-15 until 2023-24. The agreement will allow an estimated $713 million in federal infrastructure funding to flow to Manitoba municipalities over the next 10 years.*
*NOTE: GTF funding by jurisdiction for the first five years (2014-2019) is based on 2011 Census data. GTF funding for 2019-2024 will be based on 2016 Census data. For illustrative purposes, Census 2011 data has been used for the full 10 year period. Due to the indexation of the GTF, funding for 2019-2024 is expected to be at least equal to GTF funding for the first five years.
"We are proud to support economic growth across all of Canada. Since 2006, our communities have benefited from unprecedented investments in infrastructure, and the New Building Canada Plan will ensure that we build upon these successes. Targeted infrastructure investments promote trade, encourage job creation and economic growth, and improve the quality of life for residents of Manitoba and across this great country."
Member of Parliament for Winnipeg South Centre
"It is very important for CDEM that our municipalities remain competitive, connected and healthy places to live. We are pleased that the New Building Canada Plan addresses the long-term need for infrastructure, which will help our municipalities achieve these goals."
Louis Allain, Executive director at CDEM (Economic Development Council for Manitoba Bilingual Municipalities