The State of Canada's Cities and Communities 2012 - FCM
The State of Canada's Cities and Communities 2012 - FCM
The State of Canada's Cities and Communities 2012 - FCM
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Chapter 2<br />
Page 2<br />
next two decades. <strong>The</strong>se are not one-time stimulus<br />
dollars; rather, these are core investments to<br />
repair roads, house low-income seniors <strong>and</strong> keep<br />
police patrolling our streets.<br />
Recent federal-municipal investments:<br />
• Building Canada Fund (application-based investments):<br />
$1.2 billion per year (expires 2014)<br />
• Permanent Gas Tax Fund: $2 billion per year<br />
• Municipal GST Rebate: $800 million per year<br />
• Affordable housing <strong>and</strong> homelessness programs:<br />
$380 million per year (expires 2014)<br />
• Public Transit Capital Trust: $300 million per<br />
year (expired 2009)<br />
<strong>The</strong> federal government has recognized that<br />
it must deliver long-term extensions <strong>of</strong> these<br />
critical investments. In November 2011, the<br />
Government <strong>of</strong> Canada committed to work with<br />
<strong>FCM</strong> alongside the provinces <strong>and</strong> territories, as<br />
well as the private sector, to develop a new longterm<br />
infrastructure plan (LTIP).<br />
<strong>The</strong> job <strong>of</strong> building <strong>and</strong> maintaining Canada’s<br />
core infrastructure remains a municipal responsibility;<br />
however, turning around the decline in our<br />
infrastructure is beyond the means <strong>of</strong> any government<br />
working on its own. It requires national<br />
leadership <strong>and</strong> a long-term partnership among<br />
all governments. With these two factors in place,<br />
we can secure the physical foundations <strong>of</strong> our<br />
future, <strong>and</strong> stop the municipal infrastructure<br />
deficit once <strong>and</strong> for all.