What does the federal budget have in store for Montreal? | Federal Budget 2023
NATO, headquartered in Belgium, will have a center of excellence in Montreal.
The 2023-2024 federal budget presented Tuesday by Finance Minister Chrystia Freeland includes a few measures intended for Greater Montreal, particularly with regard to the establishment in the metropolis of the NATO Center of Excellence for Climate Change and Security .
Ottawa will provide $40.4 million over five years starting in 2023 to Global Affairs Canada and the Department of National Defense to establish the Center of Excellence for NATO.
It was during the 2022 NATO summit in Madrid, Spain, that it was announced that Montreal would host this center of excellence. NATO allies will work there to mitigate the impact of climate change on military activities and analyze new security challenges related to climate change, such as the impact on Canada's Arctic, the budget documents say.
Our complete file on the 2023 federal budget
With regard to the conversion of the federal part of the Bonaventure Expressway into an urban boulevard, the federal government will spend $47.8 million over nine years starting in 2023.
The federal government will also pay $576.1 million over five years to Les Ponts Jacques Cartier et Champlain for the operation, maintenance and repair of its infrastructure in Greater Montreal.
The Trudeau government, through the National Trade Corridors Fund, will provide $50 million to the Montreal Port Authority to improve air cargo logistics at Montreal-Mirabel International Airport. According to federal budget documents, this initiative will increase the capacity to export goods.
Finally, the Quebec Minister of Infrastructure, Jonatan Julien, and his federal counterpart have announced on Monday that Quebec would benefit from an envelope of $724.9 million that was still available in the Investing in Canada infrastructure program.
In the budget document, Ottawa expects Quebec to allocate approximately $695 million of its remaining funding to extend the blue line [metro] in Montreal by March 31, 2023.