Ottawa, ON, February 23rd 2018— Member of Parliament for Pontiac, William Amos, on behalf of the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities is pleased to announce that the federal cost share will increase from 50% to 60% for infrastructure projects in municipalities with less than 5000 residents in the provinces. Indigenous communities in the provinces will be eligible for a federal cost share of up to 75%. All communities in the three territories will remain eligible for a federal cost share of up to 75%. Eligible projects fall under the rural and northern communities’ infrastructure stream of the Investing in Canada plan, which includes projects such as facilities that support food security, local roads, renewable energy 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 30 small municipalities in the Pontiac, that 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.
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.
“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 SohiMinister of Infrastructure and Communities
“I am pleased with today’s announcement, which will benefit communities across the Pontiac by creating long-term economic growth, building sustainable and inclusive communities, and supporting a low-carbon, green economy.”William AmosMember of Parliament for Pontiac