Financial assistance: Montreal receives $ 263 million to deal with the pandemic

The metropolis will receive financial assistance of more than $ 263 million from Quebec and Ottawa to deal with the second wave of the coronavirus, which represents a third of the total amount planned for all the municipalities of the province.

At the end of September, the Legault government announced an envelope of $ 800 million to help Quebec municipalities in the context of the health crisis, without however specifying the distribution of this amount, of which the federal government is responsible for half.

In a press conference Tuesday afternoon, the Minister of Municipal Affairs and Housing, Andrée Laforest, confirmed that the City of Montreal will receive the lion’s share, nearly $ 263.5 million. This amount will help it present a balanced budget without having to cut services. The mayoress of Montreal, Valérie Plante, has also made a commitment to freeze the share of property taxes managed by the city-center in 2021.

The city also receives a sum of just over $ 30 million for the replacement of water pipes in the metropolis.

More details to come.

journalmetro.com

About Victoria Smith

Victoria Smith who hails from Toronto, Canada currently runs this news portofolio who completed Masters in Political science from University of Toronto. She started her career with BBC then relocated to TorontoStar as senior political reporter. She is caring and hardworking.

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