Whereas the current infrastructure and capital project funding model in Canada is outdated and unsustainable, as outlined in the Federation of Canadian Municipalities report Making Canadas Growth a Success: The case for a Municipal Growth Framework, leaving local governments with limited options to pay for growth-related infrastructure which is critical for local governments to meet their housing needs; And whereas British Columbia is the only province in Canada requiring elector approval to allow local governments to borrow money for necessary infrastructure-related projects: Therefore be it resolved that UBCM call on the provincial government to amend the Community Charter to expand the criteria for the type of infrastructure and capital projects that utilize borrowing without the requirement of electoral approval, to better assist local governments in securing adequate funding for projects that are necessary for the delivery of local government services.
