Announced in 2016, the federal government's long-term infrastrucure plan is investing more than $180 billion over 12 years. Here's where Investing in Canada is at so far - and where it's going in the future.
OTTAWA - Last week, the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, and Kelly Gillis, Deputy Minister of Infrastructure Canada, provided an update on Investing in Canada, Canada's long-term infrastructure plan.
First announced in Budget 2016, Investing in Canada was expanded upon in Budget 2017 to improve five priority areas:
- Public transit ($28.7 billion in funding)
- Green infrastructure ($26.9 billion in funding)
- Social infrastructure ($25.3 billion in funding)
- Trade and transportation ($10.1 billion in funding)
- Rural and northern communities ($2 billion in funding)
An additional $2 billion in funding will go towards the Post-Secondary Institutions Strategic Investment Fund and an additional $500 million will go to the Connect to Innovate Program delivered by Innovation, Science and Economic Development (ISED).
"Our investments in infrastructure are making a difference in the lives of Canadians. In Winnipeg, investment in new buses means better service for residents on their daily commutes. In Gatineau, the creation of transitional housing units will provide safe housing for women facing homelessness and single mothers fleeing family violence. In Edmonton, the new social housing will help support our most vulnerable citizens, providing them the opportunity to have a stable home. And in Nunavut, upgrades to water infrastructure in Chesterfield Inlet, Arviat, and Sanikiluaq means cleaner water for residents." — The Honourable Amarjeet Sohi, Minister of Infrastructure and Communities
In total, over $180 billion is being made available to support local, provincial, and territorial infrastructure over 12 years.
The Investing in Canada Plan aims to be a "single, consolidated strategic framework to guide the delivery of all federal infrastructure funding programs." There are three primary goals:
- Grow the economy and create jobs
- Build an inclusive environment with access to opportunities for everyone
- Encourage a low-carbon and green economy
An overview of Investing in Canada
- All 34 Budget programs launched
- $14.4 billion invested in the repair and modernization of key infrastructure: public transit services, water and wastewater systems, and social infrastructure such as affordable housing
- $11.8 billion in federal funding allocated, accounting for over 80% of Budget 2016 funding
- 11 of 24 Budget 2017 programs launched
- An additional $81.2 billion in new funding across all five priority areas for longer-term, transformative infrastructure projects.
- Canada Infrastructure Bank launched to provide partners with additional funding options
- Agreements signed with most provinces and territories to deliver the new Early Learning and Child Care initiative
- Smart Cities Challenge launched - a pan-Canadian competition with prizes of up to $75 million aimed at improving the lives of citizens through innovation, data, and connected technology
Future and ongoing
- Over 28,000 projects approved so far
- Over 70% of approved projects underway or completed
- $92.2 billion available through 22 ongoing programs supporting thousands of local infrastructure projects every year
- Smart Cities Challenge finalists to be announced in Summer 2018
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