Feds rushing out $2.2B in infrastructure cash for struggling cities cdnpoli
A man walks on rocks by Lake Ontario with the downtown core in the backdrop in Toronto on April 27, 2020.
He says sending gas-tax funds months sooner than planned should ease municipalities’ cashflow concerns. Speaking outside his Ottawa residence, Trudeau says the money can be used for construction projects to meet local infrastructure needs and put people to work.Municipalities have seen steep losses in revenues through the COVID-19 pandemic as fewer people pay for transit or parking, and recreation centres stay closed without programs to fill local coffers.Toronto alone says it’s facing a $1.5-billion shortfall this fiscal year and will need to slash services.
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