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News and information from the Union of BC Municipalities
March 21, 2013
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New Infrastructure Plan Featured in Budget 2013     


Finance Minister Jim Flaherty introduced Budget 2013 in Ottawa earlier today. The budget is framed by three major themes: skills, infrastructure and economic development. Budget 2013 includes details on a new Building Canada Plan, which includes:
  • Indexing of the Gas Tax Fund at 2% annually;
  • More flexibility in the projects eligible through the Gas Tax Fund; and
  • A renewal of the Building Canada Fund at existing levels over ten years.

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