UBCM Statement on Federal Infrastructure Commitment

In his Fall Economic Statement, Finance Minister Bill Morneau announced that the Government of Canada would increase funding under Phase 2 of its infrastructure plan from $48 billion to $81 billion through to 2027–28. Union of B.C. Municipalities President Murry Krause has issued the following statement in response to this announcement.

“Local governments in British Columbia recognize the need for accelerating the pace of infrastructure expansion, upgrading and replacement in our communities. The recent commitment by the Government of Canada to provide $81 billion over the next 12 years will support a range of infrastructure types, including public transit, social infrastructure and projects aimed at providing cleaner air and water. This is welcome news to local government in British Columbia.  

“Minister Morneau also announced the creation of a new Canada Infrastructure Bank. Local governments in British Columbia will be interested to know more details about the new bank, and how it will interface with agencies like the Municipal Finance Authority of BC.

“UBCM looks forward to seeing the full design of Phase 2 of the federal Infrastructure Plan in Budget 2017, and will continue to support program design that empowers local priorities, supports community asset management and is streamlined in its delivery.”

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