Backgrounder : The Governments of Canada and Alberta support ten major highway rehabilitation projects
Backgrounder
All 10 project bundles, comprised of 96 subcomponent construction projects, announced today were approved under the Highways and Roads category of the Provincial-Territorial Infrastructure Component – National and Regional Projects. Under the program, the Government of Canada is contributing up to 50 percent—nearly $255 million—of total eligible costs and the Government of Alberta is investing more than $279 million.
Highway 2 Project Bundle
This bundle involves the improvement of eight components along Highway 2 (QEII), a core route on the National Highway System that links Edmonton to Calgary. Approximately 113 kilometres of the highway will be repaved, and a new southbound lane will be added in Leduc County to address congestion issues. Highway 2 is part of the CANAMEX Trade Corridor, linking Canada to the United States and Mexico. The natural gas, oil, agricultural and forestry industries all rely on Highway 2 to support operations. The Government of Canada will contribute up to $18,308,500 for this project and the Government of Alberta will invest $22,496,500. The bundle of eight components has a total estimated cost of $40,805,000.