Here’s How Much Money Oakville is Getting From the Federal Government
Helping first-time homebuyers and students are just a few of the current federal Liberal government’s plans going forward. These plans were outlined in Budget 2019 - the final budget before the fall election later this year.
Also included in this budget, which was released last week, is the government’s plan to top-up funding to support local infrastructure projects.
Budget 2019 proposed a one-time transfer of $2.2 billion through the federal Gas Tax Fund - a fund that supports around 4,000 projects in 3,600 communities each year.
This one-time transfer was proposed due to many municipalities across the country facing serious infrastructure deficits. The money, as noted in the budget document, will be used to address short-term priorities in municipalities and First Nation communities across the country.
This one-time transfer is something that the Town of Oakville will benefit from.
Oakville Mayor Rob Burton took to Twitter to announce that the town will receive an extra $5.9 million for infrastructure projects.
There is no word on what exactly Oakville will be putting this money towards; however, according to Burton’s Twitter post, staff will report to the 7 p.m., April 2 council meeting with recommended projects.
It's good news from Oakville MP @JohnOliverMP John Oliver and MP @PamDamoff Pam Damoff that Oakville will get an extra $5.9 million for infrastructure from the new federal budget. Staff will report to the Tuesday, April 2, Council meeting at 7 p.m. with recommended projects.— Rob Burton (@OakvilleMayor) March 21, 2019
What do you think this money should be used for in Oakville?
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