EAST GWILLIMBURY TO RECEIVE INCREASED FEDERAL GAS TAX FUNDING

MONEY ARRIVES EARLY THIS YEAR, SAYS VAN LOAN

East Gwillimbury, Ontario – The funding that East Gwillimbury receives from the Federal Gas tax fund will double this year. It is also being delivered three months earlier than expected.

The Honourable Peter Van Loan made the announcement today at the East Gwillimbury civic centre.

“This increased investment will total $667,896 in 2009. Creating jobs and strengthening the local economy is our objective. It will improve the quality of life for the families of East Gwillimbury.” said Van Loan.

This funding will enhance local infrastructure and services and create local jobs, when the need for economic stimulus is greatest.

Improvements to roads and other local infrastructure will happen sooner.

This latest announcement builds on the Conservative Government’s previous action of providing permanent Gas Tax Fund transfers to municipalities. Doubling transfers will further help municipalities ensure that their infrastructure is able to meet the future needs of local families and small businesses.

The federal Gas Tax transfers to the provinces and municipalities doubled as of April 1, 2009, and will provide a total of $2 billion per year for municipalities to invest in projects like new roads, water treatment plants, improved buses and transit systems, as well as better sewers and bridges.