NDP MLA Murray Rankin says extensive funding will support great projects for people in Oak Bay
Oak Bay – New Democrat MLA Murray Rankin says that a historic investment of over $16 million for Oak Bay will enable the community to fund key projects, ensuring that people have services they can rely on as populations grow.
“Local governments provide crucial services that allow people to thrive,” said Murray Rankin, MLA for Oak Bay-Gordon Head. “That is why we are supporting our local communities to address their priorities and improve infrastructure and amenities for people.”
As communities continue to grow, local governments are having to meet the increased strain on infrastructure and amenities including, roads, transit, water and electrical systems, as well as community centers, parks and social services. The Growing Communities Fund is a landmark investment that will see the BCNDP government distribute $1 billion across B.C.’s 188 municipalities and regional districts to support their unique needs.
The District of Oak Bay is receiving $4,773,000, while the Capital Regional District is receiving $11,559,000
This one-time fund supports the Union of BC Municipalities’ (UBCM) 2022 Resolution EB58, Improving Provincial Grant Process, and recommendation five of their 2021 report, Ensuring Local Government Financial Resiliency. The grants are intended to complement, rather than displace, existing infrastructure funding (like sewer, water, roads).
Learn More: https://news.gov.bc.ca/28303