Bayshore Broadcasting Corporation
News Centre

News Centre

Thursday, December 21, 2017

Municipalities Get Funds From Gas Tax.

Regional | by Matt Hermiz  

Many area communities will benefit from the tax, with amounts increasing in coming years.

Many municipalities in Grey and Bruce counties are set to receive additional transit funding from the province.

Minister of Transportation Steven Del Duca announced the 2017-18 Gas Tax Funding yesterday, and Owen Sound will receive nearly $250,000. 

More than $700,000 is going out between Arron-Elderslie, Brockton, Chatsworth, Huron-Kinloss, Kincardine, Hanover Saugeen Shores, Southgate and West Grey.

Meaford will receive just over $65,000 in provincial gas tax funding, while Collingwood gets about $300,000 and Wasaga Beach just over $190,000.

According to a government news release, Ontario's gas tax program provides municipalities with two cents per litre of provincial gas tax revenues.

The provincial government will increase that to 2.5 cents per litre by 2019-20, then three cents in 2020-21 and another penny per litre in 2021-22.

The province says drivers will not be paying more taxes at the pumps to fund the higher payments to municipalities.

In all, over $357-million was doled out by the province to 105 municipalities this year -- the highest dollar amount since the program began in 2004.

A government release explains funding is expected to increase to about $401.3 million in 2019–20, $481.5 million in 2020–21 and $642 million in 2021–22.

Research shows that every $100 million of public infrastructure investment in Ontario boosts GDP by $114 million, particularly in the construction and manufacturing sectors.


Here's a list of gas tax funding being distributed to area municipalities:

-Collingwood $302,808

-Hanover (Arran-Elderslie, Brockton, Chatsworth,

-Huron-Kinloss, Kincardine, Saugeen Shores, Southgate, West Grey) $709,844

-Meaford $65,250

-Owen Sound $246, 223

-Wasaga Beach $191,481

Bayshore Broadcasting Corporation
© 2019 Bayshore Broadcasting Corporation

Web Site by Websmart Inc