Mr. Speaker, our government is proud to make strategic investments in infrastructure that contribute to economic growth, job creation, a cleaner environment and strong, prosperous communities.
The investments by our government have been unprecedented, beginning first with the historic Building Canada plan in 2007, which invested $33 billion over seven years, followed by the economic action plan in 2009, which invested an additional $14 billion in infrastructure and housing to boost our economy at the time.
A significant portion of this funding has gone to support public transit in cities across the country. Since 2006, we have committed over $7 billion in direct funding to public transit infrastructure across the country. In addition to this, during the same period, Canadian municipalities have used over $2 billion of their federal gas tax fund allocations toward transit investments.
Five of Canada's largest cities, being Toronto, Vancouver, Ottawa, Calgary and Edmonton, have directed most of their federal gas tax fund allocations to the public transit category.
Following on these record investments, our government worked with provinces, territories and municipalities to develop a long-term plan to invest in public infrastructure. As a result of these efforts, this Conservative government delivered the new Building Canada plan, which provides $53 billion for provincial, territorial and municipal infrastructure over a 10 year period. This includes $47 billion in new funding through: the $32.2 billion community improvement fund that supports municipal infrastructure across the country, such as roads, transit, water and waste water systems, and recreational and cultural facilities; the $14 billion new Building Canada fund to support provincial, territorial and municipal infrastructure projects of national, regional and local significance, including public transit; and the renewed P3 Canada fund, with $1.25 billion to support innovative ways to invest in infrastructure projects, providing better value for taxpayer money through public-private partnerships.
Our government launched the new Building Canada fund on schedule, in fact, ahead of schedule by a few days, on March 28. We are also concluding renewed agreements with provinces and territories for the gas tax fund, which we have extended, doubled, made permanent and now indexed at 2% per year, ensuring municipalities have the certainty they need to plan and invest in their infrastructure priorities.
Finally, $6 billion from existing infrastructure programs continues to support public infrastructure.
In conclusion, our government remains committed to working with the provinces, territories and municipalities as we continue to make record investments in public transit that support job creation, economic growth and a high quality of life for Canadians in every community across Canada.
With respect to the member's home province of British Columbia, I am pleased to inform the House that the province will receive almost $4 billion in dedicated federal funding over the next decade.