Minister of Infrastructure and Communities Amarjeet Sohi has officially sent letters to his provincial and territorial counterparts, as well as to the Federation of Canadian Municipalities to provide additional details about the Government of Canada’s long term infrastructure plan and to open negotiations to reach bilateral agreements with each province and territory. The funding provided through these bilateral agreements will improve commutes by supporting public transit systems, make our communities healthy and livable through green infrastructure investments, encourage inclusiveness through access to community, cultural and recreational spaces, and boost the quality of life in rural and northern communities.
“Investing in infrastructure is vital to create growth for the middle class now while building a strong foundation for a sustainable economic future,” said Sohi. “We have reached out to provinces and territories to establish the next steps and launch discussions so that we may work together to finalize these important agreements in the coming months. Each region has unique challenges and opportunities, and it is only in working in partnership that we will be successful in creating strategic, lasting infrastructure that will help build the Canada of the 21st century.”
The integrated bilateral agreements will streamline funding delivery and help ensure that federal investments support national objectives. The agreements will provide the flexibility for provinces, territories and municipalities to propose their investment priorities in infrastructure.
These new infrastructure investments are the next phase of the Investing in Canada plan which aims to create long-term economic growth, build inclusive communities and support a low carbon, green economy.
The Government of Canada is making $180-billion investments in infrastructure to support public infrastructure across the country over 12 years.
As part of the plan, $33 billion will be delivered through bilateral agreements with provinces and territories under four funding streams:
- $20.1 billion for public transit;
- $9.2 billion for green infrastructure;
- $1.3 billion for community, cultural and recreational infrastructure; and
- $2 billion for wide-ranging infrastructure needs in rural and northern communities. There is also an additional $400 million set aside for the Arctic Energy Fund.