PM Mark Carney Launches $51 Billion "Build Communities Strong Fund" in Brampton
BRAMPTON, ON – Prime Minister Mark Carney
visited Brampton on Tuesday to officially launch the Build Communities
Strong Fund, a landmark $51 billion investment designed to revitalize
Canadian infrastructure, accelerate housing construction, and bolster the
national economy over the next decade.
Accompanied by Minister of
Housing and Infrastructure Gregor Robertson and Brampton Mayor Patrick Brown,
the Prime Minister framed the initiative as a "force multiplier" that
would double the rate of local infrastructure investment compared to the
previous eight years [17:01].
A Three-Pronged
Strategy for Growth
The $51 billion fund is
divided into three primary streams to ensure targeted delivery across different
levels of government:
●
Provincial and Territorial Stream ($12 billion): Focused on large-scale
public transit, education, healthcare, and housing-enabling infrastructure [09:16].
●
Direct Delivery Stream ($6 billion): Partnering with the Canada
Infrastructure Bank to mobilize private sector investment for climate-resilient
projects [13:04].
●
Community Stream: Dedicated to local projects like recreation centers and
reservoirs that directly improve resident quality of life [09:07].
"Canada
strong means Halifax strong, Brampton strong," Carney told the crowd at
the Century Gardens Recreation Center. He estimated the fund would support over
42,000 high-paying careers and boost Canada's GDP by approximately $95
billion over the next ten years [16:41].
Major Wins for
Brampton
The announcement included
significant local investments for the City of Brampton:
●
Embleton Community Center: A $64 million federal investment for a new
175,000-square-foot facility featuring pools, a library, cricket nets, and
child care services [13:34].
●
TMU School of Medicine: $25 million in funding to support the new Toronto
Metropolitan University School of Medicine in Brampton to train the next
generation of Canadian doctors [11:17].
●
Housing Affordability: Carney highlighted a partnership with the Ontario government to
cut development charges in half and eliminate the 13% GST/HST on new
homes valued up to $1 million, which could save local homebuyers up to
**$200,000** [09:44].
High-Speed Rail and National Security
During a post-announcement
press conference, the Prime Minister addressed the controversial Alto
High-Speed Rail project. Despite opposition from some municipalities,
Carney defended the project as a "cost-effective and sustainable" way
to connect communities, noting it is expected to create 50,000 jobs and
contribute $35 billion to the economy [41:53].
On the international front,
Carney touched on rising tensions in the Middle East, urging all parties in the
Iran conflict to respect international law and civilian safety [23:55]. He also confirmed that an
invitation has been extended to Indian Prime Minister Narendra Modi to visit
Canada, as the two nations look to finalize a free trade agreement by the end
of the year [21:49].
Addressing
Local Concerns: Crime and Cost of Living
Responding to questions about
public safety, Carney pointed to recent legislation that tightened bail
conditions and increased sentencing for gang-related crimes, as well as the
hiring of 1,000 new RCMP and CBSA agents [29:44].
Regarding the
"skyrocketing" gas prices affecting everyday Canadians, the Prime
Minister acknowledged the "blow" of global market shifts and stated
the government is actively looking at measures to cushion the impact on
consumers [37:31].
"When we invest where we
live, we invest in each other," Carney concluded. "That’s how we
build Brampton strong for all and Canada strong for all" [19:56].
Watch the full
press conference here: https://www.youtube.com/live/HDmsBlWKwZQ


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