Feds commit $4.1B to infrastructure in B.C., $3.3B in Alberta
Over half of the 10-year funding program in B.C. will be committed to public transit.
The government of Canada has announced the signing of bilateral infrastructure agreements with B.C. and Alberta, providing more than $4.1 billion to B.C. and over $3.3 billion to Alberta in federal funding through the Investing in Canada plan over the next 10 years. These projects will be cost-shared with the province, municipalities and other partners.
This new funding will focus on public transit, green infrastructure, recreational and cultural infrastructure, and rural and northern communities.
This marks the fifth and sixth new long-term infrastructure agreement the federal government has signed with provincial and territorial partners.
Over half of the 10-year funding in B.C. is for public transit ($2,691,101,894). The maximum transit allocations include $2.2B for Translink and $468.7 million for BC Transit.
The green infrastructure portion totals $1,115,494,721 supporting climate change and climate-related disaster mitigation, and to ensure clean air and safe drinking water. This includes $212.3 million already committed to the Lion’s Gate Secondary Wastewater Treatment Plant in North Vancouver.
A little over $157 million is committed to community, culture and recreation infrastructure, and $166 million goes towards projects that improve the quality of life in rural and northern communities.
In Alberta, $2,096,548,228 will go towards new urban transit networks and service extensions ($1B to Calgary, $879M to Edmonton), $1B towards green infrastructure, $140 million towards community, culture and recreation infrastructure, and $160 million to support projects in rural and northern communities.