The current federal Gas Tax Fund (GTF) was confirmed as part of the federal Budget 2014, and will run from 2014 to 2024.
As part of the New Building Canada Pla n, the renewed federal GTF provides predictable, long-term, stable funding for Canadian municipalities to help them build and revitalize their local public infrastructure while creating jobs and long term prosperity. Under the GTF, Alberta will receive $255 million in 2021-22, for a total of $2.1 billion since 2014-15.
GTF funding is provided to provinces and territories from the federal government which in turn flow this funding to municipalities. Municipalities can pool and bank this funding, providing significant financial flexibility.
Under the program, municipalities determine projects and activities to be funded by the GTF based on local priorities, within the general qualification criteria set out in the program guidelines.
The funding provided under this program is in addition to other provincial grant funding, such as the Municipal Sustainability Initiative, and non-grant funding of municipal infrastructure.
It is intended to cover capital costs only and may not be used for maintenance costs, operating costs, debt reduction, or replacement of existing municipal infrastructure expenditures.
Connect with the GTF program: