REGINA — The governments of Canada and Saskatchewan have signed a bilateral agreement for $896 million in federal funding through the Investing in Canada plan for infrastructure projects in the province over the next decade.
The projects will be cost shared by the federal and provincial governments, municipalities and other partners.
The investments will focus on cleaner air and water along with sustainable water management, improvements to transit in cities along with enhanced public parks and recreational facilities, and better transportation and digital infrastructure for those living in remote communities.
Approximately $308 million will go to transit projects, $416 million to green infrastructure, $116 million to rural and northern communities and $56 million is allocated to community and recreational infrastructure, states a release.
“Today’s announcement represents a decade-long commitment to investing in priority projects that address Saskatchewan’s unique infrastructure needs, protect and improve communities’ health and safety, support Saskatchewan’s competitiveness and create significant employment and business opportunities for Saskatchewan’s construction sector and workers,” said Gordan Wyant, the provincial minister responsible for SaskBuilds, in a statement.
“Today’s agreement also supports Saskatchewan’s ability to ensure funding is directed where it is most needed, through the ability to pursue future flexibility within and between funding streams.”
Under the Investing in Canada plan, the Government of Canada is putting over $180 billion over the next 12 years into public transit projects, green and social infrastructure, Canada’s rural and northern communities, and trade and transportation routes.
The bilateral agreement is the 13th long-term infrastructure agreement the federal government has signed with provincial and territorial partners.