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Canada invests $500,000 in asset management for B.C. communities

Canada invests $500,000 in asset management for B.C. communities

OTTAWA — The Government of Canada is investing more than $500,000 to help 11 communities in British Columbia improve their asset management.

According to a news release, the funds will strengthen data-driven decision-making on key infrastructure projects and strategies.

The Town of Comox, along with eight other municipalities, is receiving $50,000. Comox will use the funds to complete an assessment of the town’s 86,000 metres of sanitary sewer pipes.

The Corporation of the District of Saanich received $50,000 to develop an asset management strategy.

A full list of which communities are receiving funding can be found here.

Scott Pearce, acting president of the Federation of Canadian Municipalities, pointed out local governments own 60 per cent of public infrastructure in Canada.

“That’s why it is so crucial to support them in building and maintaining strong asset management,” Pearce said in the release.

The funding comes from the $110 million Municipal Asset Management Program.

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