$3.3 billion available for projects to build prosperous communities and transition to a clean growth economy
Today, the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, and the Honourable Sandra Jansen, Alberta Minister of Infrastructure, announced the signing of a bilateral agreement that will provide more than $3.3 billion in federal funding through the Investing in Canada plan over the next decade for infrastructure projects. These projects will be cost-shared with the Alberta government, municipalities and other partners.
This new funding will see the Government of Canada and the Government of Alberta make unprecedented investments in public transit, green infrastructure, recreational cultural, and community infrastructure, as well as rural and northern communities.
These investments will have benefits for people in communities across the province, including:
- faster commutes and travel times 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
The funding announced today builds on Alberta’s 2018 Capital Plan, which commits $26.6 billion over five years to support priority infrastructure projects across the province.
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.
“I am pleased that Alberta and the Government of Canada have reached an agreement that will benefit communities across the province for years to come. Investments in infrastructure are key to building a strong Canada–connecting people, creating good jobs for the middle class, and strengthening our economy and our communities for the future. Today’s agreement will provide the long-term predictable funding required to meet the needs of all Albertans, from those living in busy city centres to remote rural towns. I look forward to continuing to work with our provincial, municipal and Indigenous partners to make strategic investments in Alberta that will build inclusive resilient communities where everyone has opportunities to succeed.”
The Honourable Amarjeet Sohi, Minister of Infrastructure and Communities
“This historic infrastructure agreement provides communities of every size across Alberta the opportunity to drive economic growth and support families and businesses. This $3.3 billion investment in Alberta will support public transit, green infrastructure, cultural and recreational buildings, and help build rural and northern communities.”
The Honourable Sandra Jansen, Minister of Alberta Infrastructure
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, including more than 170 projects worth more than $1.1 billion in Alberta.
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 billion for wide-ranging infrastructure needs in rural and northern communities.
- The federal cost-share under the rural and northern infrastructure stream was increased from 50% to 60% on February 16, 2018. With this increase, provincial communities with fewer than 5000 residents will be eligible to receive a higher proportion of federal funding to address their unique infrastructure needs. Indigenous communities in the provinces will be eligible for a federal cost share of up to 75%.
This marks the sixth new long-term infrastructure agreement the Government of Canada has signed with provincial and territorial partners.
Office of the Minister of Infrastructure and Communities
Office of the Minister of Alberta Infrastructure