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2013 Federal Budget Delivers for Moncton

March 22, 2013

MONCTON – Yesterday’s federal budget is an important step forward for Moncton. The City of Moncton applauds the federal government for choosing to continue moving our communities ahead even as it meets its immediate fiscal challenges.

Of particular significance in this context, is the government’s decision to index the gas tax transfer at 2% annually beginning in 2014-2015. This measure alone — the first indexing of a municipal transfer — will ensure the fund keeps pace with inflation and will add another $9 billion to the permanent gas tax fund over 20 years. 

“By protecting the purchasing power of the gas tax transfer, and by extending program funding for 10 years, this budget entrenches the principle of long-term sustainable infrastructure funding for the City of Moncton,” said City of Moncton Deputy Mayor Merrill Henderson.

Moncton has several significant infrastructure projects that will benefit from federal funding, including road and underground infrastructure improvements, waste water treatment facility upgrades, and our proposed downtown centre.  Of particular note is the possibility that Moncton’s proposed downtown sports and entertainment centre could receive federal funding via the federal government’s $14 billion Building Canada fund that begins in 2014.

“I am very pleased that the federal government consulted with—and listened to—the advice of the Federation of Canadian Municipalities (FCM) in developing this budget,” added Deputy Mayor Henderson.  “It shows that the federal government is paying attention to the needs of cities and it bodes well for Moncton as we work towards completing important infrastructure projects over the next several years.”

The budget goes further by renewing critical housing programs and reaffirming the federal role in addressing the challenges of housing affordability and homelessness. This adds up to about $1.8 billion over five years.

What yesterday’s budget does not contain is a definitive roadmap to erasing the infrastructure deficit. However, it does lay the foundation for continued intergovernmental collaboration as economic conditions improve to meet the challenges that need to be addressed in Moncton. Whether it is wastewater upgrades, roads and bridges or transit and transportation, we all need to work together to meet our residents’ needs.

“We value the role the federal government has committed to in addressing these challenges and we are confident this budget will mean continued progress for our cities and communities,” said FCM President Karen Leibovici.

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Media Contact:

Paul Thomson
Director, Corporate Communications
City of Moncton