EDMONTON — The federal government has signed a bilateral agreement with the Province of Alberta to provide $3.3 billion over the next decade for infrastructure projects.
Federal Minister of Infrastructure and Communities Amarjeet Sohi and Alberta Minister of Infrastructure Sandra Jansen signed the bilateral Investing In Canada Plan earlier this month.
“This historic infrastructure agreement provides communities of every size across Alberta the opportunity to drive economic growth and support families and businesses,” said Jansen in a statement.
“This $3.3-billion investment in Alberta will support public transit, green infrastructure, cultural and recreational buildings, and help build rural and northern communities.”
More $2 billion will go to public transit to build new urban transit networks and service extensions, with $1 billion going to green infrastructure such as greenhouse gas emission reductions as well as adaptation and resilience to the impacts of climate change and climate-related disaster mitigation, explains a release.
Community, culture and recreation infrastructure will receive $140.5 million and $159.6 million will go to improving the quality of life in rural and northern communities through infrastructure improvement.
Edmonton will receive a maximum transit allocation of $877.9 million and Calgary’s maximum transit allocation is just over $1 billion.
The federal government is putting more than $33 billion in federal funding into bilateral agreements across Canada, with provinces and territories developing three-year plans to implement their infrastructure projects. The Investing in Canada Plan will put $180 billion over 12 years into the four priority groups.