CANADA - PRINCE EDWARD ISLAND AGREEMENT ON THE TRANSFER OF FEDERAL GAS TAXAgreement on the Transfer of Federal Gas Tax Revenues • May 4th, 2012
Contract Type FiledMay 4th, 2012On November 22, 2005, the Government of Canada and the Province of Prince Edward Island signed the Agreement on the Transfer of Federal Gas Tax Revenues, which allocated $37.5 million to Prince Edward Island cities and communities. Of the $37.5 million, $4,857,097 was allocated to the Community and Capacity Building Fund. The Agreement states that within this fund, a minimum of $1 million will be invested in Capacity Building efforts. It should be noted that these guidelines and criteria only cover the capacity building portion of the Communities and Capacity Building Fund.