The Government of Newfoundland and Labrador has announced a multi-year plan for infrastructure investments. The Way Forward: A Multi-Year Plan for Infrastructure Investments outlines commitments to education, health, buildings and roads, and municipal infrastructure through an investment of nearly $3 billion.
The plan includes the following investments by sector over the next five years:
- $688.2 million for transportation infrastructure which includes roads, bridges and marine infrastructure;
- $553.9 million on major health care projects and repairs and maintenance;
- $461.1 million, in partnership with the Federal Government, for municipal infrastructure including buildings, recreation facilities, local roads, and water and wastewater projects;
- $210 million for construction of new schools, extensions and renovations, and repairs and maintenance of school facilities;
- $86.5 million for repair, maintenance and modernization of affordable housing units; and
- $85.9 million for post-secondary education facilities.
“The multi-year plan provides an opportunity to seek out innovative and alternate procurement methods to achieve the most cost-effective means to deliver needed infrastructure,” said Al Hawkins, minister of transportation and works. “We look forward to working with the private sector to ensure people access appropriate services in the current fiscal climate.”
The Way Forward: A Multi-Year Plan for Infrastructure Investments also commits over $750 million for projects to be identified under Phase II of Canada’s New Infrastructure Plan. It will be updated annually to reflect emerging priorities and released in advance of that year’s budget.