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Saskatchewan signs bilateral infrastructure agreement

By ReNew Canada 12:59PM October 03, 2018

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The Governments of Canada and Saskatchewan announced the signing of a bilateral agreement that will provide more than $896 million in federal funding through the Investing in Canada plan over the next decade for infrastructure projects. These projects will be cost-shared with the Saskatchewan government, municipalities, and other partners.

Today’s announcement represents a decade-long commitment to investing in priority projects that address Saskatchewan’s unique infrastructure needs, protect and improve communities’ health and safety, support Saskatchewan’s competitiveness and create significant employment and business opportunities for Saskatchewan’s construction sector and workers,” said Gordon Wyant, minister responsible for SaskBuilds. “Today’s agreement also supports Saskatchewan’s ability to ensure funding is directed where it is most needed, through the ability to pursue future flexibility within and between funding streams.”

This new funding will see the federal and provincial governments make investments in public transit, green infrastructure, recreational, cultural, and community infrastructure, as well as rural and northern communities.

The official breakdown of the funding is:

  • $307,871,025 for Public transit;
  • $416,334,673 for Green infrastructure;
  • $56,211,382 for Community, culture, and recreation infrastructure; and
  • $115,905,927 for Rural and northern communities.

This new agreement with Saskatchewan will provide long-term predictable funding to meet the needs of all residents, from those living in busy city centres to remote rural towns,” said François-Philippe Champagne, Minister of Infrastructure and Communities. “I am very pleased that this also marks the successful conclusion of our negotiations with all the provinces and territories on these agreements. Together with our partners, we are making strategic investments in infrastructure across Saskatchewan and the country to build prosperous resilient communities where everyone has opportunities to succeed.”

More than $33 billion in federal funding is being invested across Canada through these bilateral agreements.  Provinces and territories are asked to develop three-year plans on how they will implement their infrastructure projects.

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