BILL NO. 7
2nd Session, 63rd General Assembly
67 Elizabeth II, 2018
Private Member's Bill
Municipal Grants Act
Cape Breton Centre
First Reading: September 7, 2018
This Bill requires Cape Breton Regional Municipality be paid an annual stimulus grant of not less than $50,000,000 in each of the 2018-19, 2019-20 and 2020-21 fiscal years.
1 Chapter 302 of the Revised Statutes, 1989, the Municipal Grants Act, is amended by adding immediately after Section 7 the following Section:
- 7A (1) For the purpose of this Section, "stimulus grant" means a grant payable to a municipality for a fixed time to assist the municipality in defraying expenses related to operations, infrastructure construction or rehabilitation or debt relief.
(2) Subject to subsection (3), Cape Breton Regional Municipality shall be paid a stimulus grant of not less than fifty million dollars for the 2018-19 fiscal year and for each of the two subsequent fiscal years.
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