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Sep 2017 | Tax & Spend

RISKY SECURITIES: BILL 68 AND EXPANDED MUNICIPAL INVESTMENT
ALEKS DZINTARS, PSD RESEARCH

Infrastructure funding is a serious challenge for many municipalities in Canada. Even with the benefits of taxes, rates, and supplementary programs like the Federal Gas Tax Fund (GTF), many communities have a sizeable infrastructure gap to reckon with. Since the emergence of the importance of asset management, municipalities are realizing the burden of both funding new capital projects and maintaining existing infrastructure. Simply put, the majority of these communities lack the sufficient funding to narrow and close their infrastructure deficits.

In Ontario, lawmakers are proposing legal amendments to provide another lever to help municipalities fund their infrastructure.

 

I.  New Investment Legislation

 

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