TORONTO — The Government of Canada delivered the first of two $408-million annual instalments of the federal Gas Tax Fund (GTF) which will provide funding for projects in more than 600 communities across Ontario.
The GTF is a long-term, indexed source of funding that supports local infrastructure in the province each year.
In total, the province will be provided with over $819 million through the fund this year.
According to a release issued by Infrastructure Canada, the City of Toronto is planning to put its share into the replacement and renewal of its transit fleet to improve passenger safety and mobility; the Town of Uxbridge will invest in major road reconstruction throughout the community; and in the Municipality of Central Huron, the existing storm collection system will be improved, relieving flooding during heavy rainfall events.
Other communities will use the funding to improve and repair their local roads, bridges and wastewater systems.
In addition, the Province of Ontario will use a portion of the annual allocation to maintain and upgrade rural access roads in unincorporated areas of northern Ontario.
Transit, roads and water systems are only three of the 18 project categories eligible for funding under the program.
The GTF allows communities to direct their allocations to their most pressing local needs, the release reads.