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Canada’s Gas Tax Fund Helping Yorkton-Melville Communities, Municipalities Yorkton, SK – Garry Breitkreuz, Member of Parliament for Yorkton-Melville, on behalf of the Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister for the Economic Development Agency of Canada for the Regions of Quebec, today announced that the second installment of Canada’s Gas Tax Fund (GTF) for 2013 is being made available. This installment makes available millions of dollars this year to support its local infrastructure priorities. “The federal GTF provides predictable, long-term funding to municipalities to help them build and rehabilitate their infrastructure,” said Breitkreuz. “These projects not only improve the local communities, but the resulting jobs also contribute to the local economy.” In 2009, the Government of Canada doubled the amount of the federal GTF to $2 billion annually, and in 2011, passed legislation to make the funding permanent. In fact, the Government of Canada has invested over $13 billion to date in municipal infrastructure through this fund alone. Each year, municipalities across the country can pool, bank and borrow against this funding, providing significant additional financial flexibility. Through the GTF, the federal government currently makes close to $56.1 million in funding available annually for municipal infrastructure in Saskatchewan. To date, Saskatchewan has benefitted from close to $371.9 million from the federal Gas Tax Fund for community projects. Funding can currently be spent in the following areas:
"The federal government is proud to invest in important infrastructure projects as we focus on creating jobs, promoting growth, and building strong, prosperous communities across Canada," said Breitkreuz. "We are proud to support economic growth across Yorkton-Melville by supporting local infrastructure priorities through the federal Gas Tax Fund." More information on Canada’s Gas Tax Fund can be found at http://www.infrastructure.gc.ca/. A list of communities and municipalities in Yorkton-Melville benefitting from the GTF can be found below. -30- Gas Tax Fund Allocations – Yorkton-Melville
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