OTTAWA — More than $3 million in funding has been approved for 50 new initiatives in communities across Canada through two programs — the Municipal Asset Management Program and the Green Municipal Fund.
Amarjeet Sohi, minister of infrastructure and communities, and Jenny Gerbasi, president of the Federation of Canadian Municipalities, made the announcement May 14.
As part of the funding announcement the Regional District of North Okanagan in B.C. is developing a new asset management investment plan to help the municipality ensure they have a solid understanding of the assets they own, their worth, the amount of investment needed to ensure sustainability, and the condition of assets at any given point in time.
In Nova Scotia, the Cape Breton Regional Municipality is partnering with the private sector to study the feasibility of creating a district energy system.
The system would provide an affordable, low-carbon supply of thermal energy for buildings along Sydney’s waterfront and downtown core, the release indicates.
“Investments in green infrastructure for projects such as the ones in North Okanagan and Cape Breton help protect communities and support Canada’s ongoing transition to a clean, sustainable growth economy that will benefit Canadians for generations to come,” said Sohi in a statement.
“With a clearer vision of their long-term needs, municipalities will be able to plan, build and maintain their infrastructure more strategically, which will make their infrastructure dollars go further.”
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