Today the Minister of Finance, the Honourable Jim Flaherty, delivered the 2014 Federal Budget in the House of Commons.

Points of interest to municipal governments include:

  • The Budget did not contain any new long-term commitments to support public housing.
  • 305 million over five years to support broadband in rural, northern, and remote communities to connect residents and businesses.
  • Re-committed to the Building Canada Fund (BCF) and the importance of the federal Gas Tax Fund.  The federal government noted that this fund would be in place by March 31, 2014 and it would continue to consult on the BCF parameters with stakeholders including the Federation of Canadian Municipalities.
AMO staff are examining the Budget papers for any additional items of interest and will communicate them to members as needed.