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Gas tax funds begin rolling into P.E.I.

Gas tax funds are arriving on P.E.I.
Gas tax funds are arriving on P.E.I. - 123RF Stock Photo

The federal government is beginning to pump gas tax funding into the tanks of Prince Edward Island’s municipalities.  

Infrastructure Canada is making the first of two semi-annual payments of $8.25 million to the province. 

In addition to that funding, P.E.I. will receive a one-time top-up of $16.5 million that was made available through the 2019 federal budget and doubles the amount of funding provided to each municipality across the country. 

Charlottetown will receive a total of $3,301,715 as its annual allocation, and an additional $3,301,715 through the top-up.

Smaller municipalities, such as Morell, is using gas tax funding to make improvements to the town’s rink that included adding a new community room. Meanwhile, investments in Victoria will make the Old Victoria Schoolhouse more energy efficient and renovations will open up more opportunities to host more cultural, tourism and business events. 

Municipalities like Three Rivers and North Rustico will benefit from upgrades to water systems and newly resurfaced and repaved roads.

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