Canada and New Brunswick Reach Agreement Under New Federal Infrastructure Funding Programs

MONCTON, NEW BRUNSWICK--(Marketwired - Aug. 18, 2016) - Infrastructure Canada

The governments of Canada and New Brunswick are making investments that will help create jobs and grow the middle class now while building a strong foundation for a sustainable economic future. Investing in local infrastructure helps ensure that Canadians have safe water to drink, wastewater systems they can rely on, and high-quality public transit systems that get them to work on time and back home safely at the end of a long day.

Today, the Honourable Dominic LeBlanc, Minister of Fisheries, Oceans and the Canadian Coast Guard, on behalf of the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, and the Honourable Brian Gallant, Premier of New Brunswick, announced a bilateral agreement that will make more than $176 million in combined funding available under two new federal programs-the Clean Water and Wastewater Fund and the Public Transit Infrastructure Fund. The federal government is providing up to 50% of funding for the projects supported through these programs.

The agreement is part of Phase 1 of the 10-year Investing in Canada plan, which will help lay the foundation for the longer-term federal investment strategy.

Also announced today was an initial list of 51 approved projects under the two new funding programs, including a new storm water basin in Moncton, capacity upgrades to Fredericton's Barker Street Wastewater Treatment Facility and new buses for Miramichi's public transit fleet.

Quotes

"Infrastructure is the foundation of the Canada we want to build for tomorrow. The Government of Canada recognizes that we need a solid partnership with all orders of government to support infrastructure and create good, well-paying jobs that help the middle class grow and prosper now and in the future. I am pleased that, through this agreement, $176 million in funding will be available to communities across New Brunswick to address their specific infrastructure priorities."

- The Honourable Dominic LeBlanc, Minister of Fisheries, Oceans and the Canadian Coast Guard, on behalf of the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities

"We understand that New Brunswickers want their government to focus on the economy, education and health care. Investments like these help get things done in these priority areas."

- The Honourable Brian Gallant, Premier of New Brunswick

Related products

Complete list of identified projects in New Brunswick

Quick facts

• Investing in Canada is the Government of Canada's historic $120-billion plan to support public infrastructure across the country over the next 10 years.
• Phase 1 of Investing in Canada will provide $11.9 billion in immediate investments to support public transit systems, green infrastructure projects, and social infrastructure projects. Details on Phase 2 of Investing in Canada will be announced over the next year.
• Phase 1 funding will be provided through the Public Transit Infrastructure Fund and the Clean Water and Wastewater Fund.
• This funding is retroactive to April 1, 2016, so that projects can proceed without delay to ensure a productive construction season.

Associated links

Learn more about federal programs and investments in your region:

- Federal infrastructure investments in New Brunswick: http://www.infrastructure.gc.ca/map-carte/nb-eng.html

- Investing in Canada, the Government of Canada's new $120 billion infrastructure plan: http://www.infrastructure.gc.ca/plan/index-eng.html

- Clean Water and Wastewater Fund: http://www.infrastructure.gc.ca/plan/cwwf-fepeu-eng.html

- Public Transit Infrastructure Fund: http://www.infrastructure.gc.ca/plan/ptif-fitc-eng.php

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