The Governments of Canada And Quebec Provide the City of Port-Cartier With a First Payment of $350,264 from the Transfer of a Portion of the Federal Gas Tax Revenues...

The City of Port-Cartier will use the funds to conduct underground water researches in the Riviere-Pentecote sector, to repair sewer pumping stations and to prepare an action plan including specific studies.

"Canada's economic stimulus is at the heart of our Government's focus," said Minister Paradis. "In Canada's Economic Action Plan, we announced funding of close to $12 billion over two years to boost infrastructure investments. This funding is additional to the money already flowing through the Gas Tax Fund, which is now a $2 billion annual commitment to Canada's communities. Through our infrastructure commitments, the Government of Canada supports a stronger economy, promotes the creation of jobs and contributes to the prosperity of communities across Quebec and Canada."

"The funding granted to Port-Cartier today demonstrates our desire to contribute to the well-being of citizens. The City of Port-Cartier will now be able to rely on stable funding, which will facilitate the planning of infrastructure work to be undertaken. These investments are part of the Quebec infrastructure plan, le Plan quebecois des infrastructures, that foresees an investment of $41.8 billion for the 2008-2013 period, of which $3.6 billion will be used to maintain and upgrade municipal infrastructure. Repairing and modernizing infrastructure is a priority for the Government of Quebec," added Minister Simard.

The goal of the Agreement on the transfer of federal Gas Tax revenues made between Canada and Quebec in 2005 is to provide funding for the renewal of municipal and local infrastructure within a context of sustainable development, in particular for water, wastewater, local roads and public transit. Since 2005, Quebec has received $1.151 billion from the Gas Tax Fund, in addition to the Government of Quebec contribution of $475.7 million. The disbursement of funds will be administered by the Societe de financement des infrastructures locales du Quebec (SOFIL).

In addition, Canada's Economic Action Plan includes the acceleration and expansion of recent historic federal investments in infrastructure, with almost $12 billion in new infrastructure stimulus funding over two years.

Aussi disponible en francais : www.infrastructure.gc.ca/

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