Canada and Nunavut Make Significant Investments That Will Improve the Lives of Northern Canadians

$566 million available for projects that build prosperous communities and transition to a clean growth economy Ottawa, Ontario, March 28, 2018—The governments of Canada and Nunavut are working together to make long-term infrastructure investments to create economic growth, build inclusive communities and support a low carbon, green economy–leading...

$566 million available for projects that build prosperous communities and transition to a clean growth economy

Ottawa, Ontario, March 28, 2018The governments of Canada and Nunavut 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 Northern Canadians.

Today, the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, and the Honourable Lorne Kusugak, Nunavut Minister of Community and Government Services, announced the signing of a bilateral agreement that will provide more than $566 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 territorial government, municipalities and other partners. The Government of Canada is providing up to 75% of eligible expenditures for projects in the territories and for projects with Indigenous partners.

To access this funding, the Government of Nunavut will contribute more than $188 million to meet its 25% cost sharing requirements, bringing the total impact of this agreement to more than $754 million in direct infrastructure spending for Nunavut.

The new funding will see the Government of Canada make unprecedented investments in small and rural communities, green infrastructure, and recreational and cultural infrastructure. Also included in this funding is $175 million under the Arctic Energy Fund that will address energy security in the territories. These investments will support the Government’s plan to create well-paying jobs and economic growth from coast-to-coast-to-coast while building inclusive communities that provide the opportunities Canadians want and need.

These investments will have benefits for people in communities across the territory, including:

  • Cleaner air and water
  • Reduced greenhouse gas emissions
  • Smarter and more efficient communities
  • Sustainable water management
  • Cultural spaces, recreational facilities and other spaces that make communities great places to live
  • Better transportation and digital infrastructure for people living in remote communities
  • Energy security and reduced reliance on diesel in the North

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.

Source: www.canada.ca