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ecolog.com Legislative Tracker

Feds begin releasing infrastructure funds

by Mark Sabourin
EcoLog, 4/6/2018 12:17:00 PM

The governments of Nunavut, British Columbia and Alberta have each entered into a bilateral agreement with Infrastructure Canada, providing them with access to funding under the federal government’s $180-billion Investing in Canada infrastructure plan.

The federal government is negotiating new 10-year bilateral agreements with all provinces and territories that will see more than $33 billion in federal funding invested in infrastructure projects across Canada.

Funding is provided on a cost-sharing basis. For projects in the territories, the federal component may be as high as 75% of project costs. For projects in the provinces, the federal component may be up to 33%, with exceptions that allow for a higher federal proportion on certain types of projects.

Nunavut will receive $566 million over the next 10 years, including $207 million to support greenhouse gas emission reductions and climate change adaptation and resilience.

Alberta’s share will be $3.3 billion, of which $2 billion will be earmarked to public transit and $1 billion to greenhouse gas emission reductions and climate change adaptation.

British Columbia will receive $4.1 billion. About $2.7 billion will be devoted to public transit, shared between Translink and BC Transit, and $1.1 billion will fund greenhouse gas emission reductions and climate change adaptation.



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