The federal and Alberta governments have jointly announced funding that will improve the capacity and flow of traffic over the Peace River by constructing a second bridge to accommodate westbound traffic.
The Government of Alberta is investing approximately $88 million and the Government of Canada is providing more than $74 million. The project has a combined total estimated cost of over $162 million.
“One of the first concerns I heard about after being elected was the need for a new Peace River bridge. I’m thrilled the government has made this a priority,” said Debbie Jabbour, MLA for Peace River. “This project will reduce congestion, improve traffic flow, access, safety, and create jobs. The new bridge will address some of the transportation challenges we face in the north, and we are very excited to see it become a reality.”
Once the project is completed, the existing bridge will be used solely for eastbound traffic. Funding will also be used to construct an underslung pedestrian bridge, which will allow pedestrians to cross the Peace River while separated from highway traffic and partially sheltered from the elements and highway traffic noise.
“In 2018 we will celebrate the 50th Anniversary of the opening of the Peace River bridge. As the economy of the Town and region have grown, transportation has become a critical component of the area’s continued growth,” said Tom Tarpey, mayor of Peace River. “We welcome the twinning of the bridge and the opportunities it represents, not only in terms of construction jobs but also its role as an essential link for the area. The new bridge will increase not only emergency access for all residents but also provide a vital transportation corridor to facilitate development in the north.”
The Government of Canada will contribute up to $74,395,500 for the expansion of the Peace River bridge. The Government of Alberta will cover any remaining costs for the project.