The provincial government and the City of Fredericton will jointly fund several infrastructure projects this year under the Municipal Designated Highway Program.
“New Brunswick’s capital city is an economic leader in New Brunswick,” said Transportation and Infrastructure Minister Bill Fraser. “Maintaining modern infrastructure is key to continued growth, and we are pleased to be able to work with the City of Fredericton on some of these important projects.”
Paving will be completed on Hanwell Road, Regent Street and Waterloo Row. Culverts will be replaced along Woodstock Road, Waterloo Row, and Royal Road. On Lincoln Road, curbs and gutters will be replaced.
Under the program, municipalities apply for funding assistance for capital upgrade projects. The government received more than $210-million in funding requests through the program in 2016.
“We appreciate the funding being provided by the province towards designated highways within Fredericton,” said Mayor Mike O’Brien. “It allows for the renewal of infrastructure, in a sustainable manner, and helps us hold the line on taxes. It also improves the road network for our residents and those travelling through our community from around the region.”
The province’s $775.6-million capital budget, which includes the Department of Transportation and Infrastructure’s capital budget of $638.5 million.
Funding for the Municipal Designated Highway Program has more than doubled since the 2014-15 fiscal year, increasing to $25 million in 2015.
Strategic investments in infrastructure are a key component of the New Brunswick Economic Growth Plan, the government’s framework for growing the economy.