CANADA supporting investments in Canada ’ s infrastructure . At 95 %, the vast majority of all public infrastructure assets in this country are owned by provinces , territories and municipalities . Our Government is committed to working with all levels of government , as well as with the private sector , to ensure that our investments support the priorities of all Canadians .
Our infrastructure programs have been designed to meet the needs of our citizens , while achieving the best value for taxpayers ’ dollars . Projects are cost-shared to maximize federal investments while leveraging greater funding from other sources . Through cost-sharing , we are able to increase the number of federally funded projects and address the needs of more Canadians across our great country .
Unprecedented Federal Infrastructure Investments As part of our Government ’ s historic investments , the $ 53-billion New Building Canada Plan , the largest and longest federal infrastructure plan in our nation ’ s history , provides funding in several different ways : the renewed federal Gas Tax Fund is available directly to municipalities to address their local needs , the National Infrastructure Component provides funding for projects of national significance , that contribute to long-term economic growth and prosperity and the Provincial- Territorial Infrastructure Component supports projects of national , regional and local significance while contributing to economic growth , a cleaner environment , and stronger communities . This approach was taken to offer a flexible approach to infrastructure financing and supports investments that address priorities under a wide range of eligible categories .
Infrastructure Investments Support Sustainable Communities
Investments in public infrastructure can improve the quality of the environment and lead to a more sustainable economy over the long term . Since 2006 , federal contributions to infrastructure have supported improvements in the areas of solid waste management , renewable energy , and wastewater – resulting in cleaner air and water .
Protecting and enhancing the
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