The governments of Canada and British Columbia are working together to make long-term infrastructure investments that will create economic growth, sustain well-paying jobs, 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 Claire Trevena, Minister of Transportation and Infrastructure announced the signing of a bilateral agreement that will provide more than $4.1 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 Government of British Columbia, municipalities and other partners.
This new funding will see the Government of Canada and the Province of British Columbia make unprecedented investments in public transit, green infrastructure, recreational and cultural infrastructure, and 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 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;
- increased 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 : Infrastructure Canada