Canada and New Brunswick to make significant investments that will improve the lives of Canadians
$673 million available for projects that build prosperous communities and transition to a clean growth economy
Fredericton, New Brunswick, March 15, 2018—The governments of Canada and New Brunswick are working together to make long-term infrastructure investments to create economic growth, build inclusive communities and support a low carbon, green economy–leading to a higher quality of life for all Canadians.
Today, the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, and the Honourable Brian Gallant, Premier of New Brunswick, announced the signing of a bilateral agreement that will provide more than $673 million over the next decade in federal funding dedicated to infrastructure projects under the Investing in Canada plan. The projects supported through this agreement will be cost-shared with the provincial government, municipalities and other partners.
This new funding will see the Government of Canada make unprecedented investments in public transit, green infrastructure, recreational and cultural infrastructure, and rural and northern communities infrastructure.
These investments will have benefits for people in communities across the province, including:
- Faster commute and travel time for more people, and easier movement of goods for businesses
- Cleaner air and water
- Reduced greenhouse gas emissions
- Smarter and more efficient cities
- Sustainable water management
- Enhanced public parks, recreational facilities and other spaces that make communities great places to live
- Better transportation and digital infrastructure for people living in remote communities
Across Canada, more than $33 billion in federal funding will be invested through new bilateral agreements with provinces and territories. Provinces and territories will develop three-year plans that will provide information on how they will implement their infrastructure projects.
“Long-term investments in infrastructure are key to building a strong Canada–connecting people, creating good jobs for the middle class, and building our economy and our communities for the future. We are pleased to reach a new agreement with New Brunswick to invest in infrastructure projects that will benefit communities of all sizes for years to come. Collaboration and partnership have been at the heart of the success of our Investing in Canada plan and we will continue to work with provinces, territories, municipalities, Indigenous communities, stakeholders, and Canadians from coast to coast to coast.”
The Honourable Amarjeet Sohi, Minister of Infrastructure and Communities
“Your government’s multi-year economic growth plan includes investing in New Brunswick’s infrastructure to create jobs. Infrastructure investments help stimulate the economy and improve the quality of life of New Brunswickers.”
The Honourable Brian Gallant, Premier of New Brunswick
Under the Investing in Canada plan, the Government of Canada is investing more than $180 billion over 12 years in public transit projects, green infrastructure, social infrastructure, trade and transportation routes, and Canada’s rural and northern communities.
Under the first phase of the plan, Infrastructure Canada has approved nearly 3,500 projects across Canada worth a combined investment of more than $8.4 billion.
As part of the Plan, Infrastructure Canada will deliver $33 billion over the next decade through new bilateral agreements with provinces and territories under four funding streams:
- $20.1 billion for public transit;
- $9.2 billion for green infrastructure;
- $1.3 billion for community, cultural and recreational infrastructure; and
- $2.4 billion for wide-ranging infrastructure needs in rural and northern communities
This marks the third new long-term infrastructure bilateral agreement the Government of Canada has signed with provincial and territorial partners.
Office of the Minister of Infrastructure and Communities
Regional Development Corporation
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