TITLE

Canadian Projects Fueled By Gas-Tax Share Revenue Deal

AUTHOR(S)
O'Reilly, Dan
PUB. DATE
July 2005
SOURCE
ENR: Engineering News-Record;7/11/2005, Vol. 255 Issue 2, p19
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the first-ever gas revenue sharing program between the Canadian government and local municipalities, that will boost water, wastewater, road and transit projects over the next five years. Under its New Deal for Cities Program, municipalities will get $4.06 billion, or 4.06¢ per liter, of gas tax revenues for projects with clearly defined goals for cleaner air, cleaner water or reduced greenhouse gases. Canada will provide another $650 million based on 81¢ per liter gas tax revenue for municipal transit projects over the next two years.
ACCESSION #
17687184

 

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