Government of Canada Supports Storm Sewer Renewal and Improvement Program in Moncton

MONCTON, NEW BRUNSWICK--(Marketwired - June 26, 2015) - Infrastructure Canada

Robert Goguen, Parliamentary Secretary to the Minister of Justice and Member of Parliament for Moncton-Riverview-Dieppe, on behalf of the Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, was joined today by the Honourable Victor Boudreau, New Brunswick Minister of Health, Minister responsible for the Regional Development Corporation, and Minister responsible for Strategic Program Review, and Shawn Crossman, Deputy Mayor of Moncton, to announce funding of up to $8 million under the New Building Canada Plan for the Storm Sewer Renewal and Improvement Program in Moncton.

This project consists of extensive work to improve the storm sewer system. A dedicated storm-sewer relief system will be installed where sanitary and storm sewers are currently combined; deteriorating sewers will be replaced; sewer capacity will be increased in certain sections; and a major drain relief system will be installed to reduce the risk of flooding. Once complete, the project will significantly improve the reliability of the city's sewer system and help protect residences from property damage in flood-prone areas.

The New Building Canada Plan is the largest and longest federal infrastructure plan in Canada's history.
This unprecedented commitment is providing $53 billion to support provincial, territorial and municipal infrastructure, between 2014 and 2024.

Over this ten-year period, New Brunswick will benefit from approximately $866 million in dedicated federal funding, including almost $394 million under the New Building Canada Fund.

Quick Facts:

• The Government of Canada has selected this project for funding consideration of up to one third of eligible costs, to a maximum of $8 million under the New Building Canada Fund's Provincial-Territorial Infrastructure Component-National and Regional Projects. This funding is conditional on the project meeting applicable federal eligibility requirements with respect to the New Building Canada Fund and the signing of a contribution agreement.
• The Government of New Brunswick will contribute up to one third of eligible costs, to a maximum of $8 million, and the City of Moncton will be responsible for all remaining costs of the project, which has an estimated total cost of $31.2 million.
• The $53-billion New Building Canada Plan provides stable funding for a 10-year period and includes:
  • the Community Improvement Fund, which consists of the Gas Tax Fund and the incremental Goods and Services Tax Rebate for Municipalities and will provide over $32 billion to municipalities for projects such as roads, public transit, recreational facilities, and other community infrastructure.
  • the $14-billion New Building Canada Fund, which consists of:
    • the $4-billion National Infrastructure Component that will support projects of national significance; and
    • the $10-billion Provincial-Territorial Infrastructure Component for projects of national, regional and local significance, with $1 billion going to communities with fewer than 100,000 residents through the Small Communities Fund.
  • an additional $1.25 billion in funding for the Public-Private Partnerships (P3) Canada Fund administered by PPP Canada.

Quotes:

"Our Government's support for public infrastructure has never been stronger. We are pleased to work with the New Brunswick Government to approve projects under the New Building Canada Fund, to ensure that infrastructure funding continues to flow in New Brunswick as we focus on creating jobs, promoting growth, and building strong, prosperous communities across Canada. We are proud to invest in Storm Sewer Renewal and Improvement Program, which will focus on reducing the risk of flooding in flood-prone areas in the Moncton area."

- Robert Goguen, Parliamentary Secretary to the Minister of Justice and Member of Parliament for Moncton-Riverview-Dieppe, on behalf of the Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec

"Our government's investment will help reduce the risk of flooding in flood-prone areas for residents while creating jobs to stimulate the local economy. We are proud to work with all three levels of government to carry out this important infrastructure project in the City of Moncton."

- The Honourable Victor Boudreau, New Brunswick Minister of Health, Minister responsible for the Regional Development Corporation, and Minister responsible for Strategic Program Review

"The City of Moncton is pleased to see the three levels of government partner in this important infrastructure project. As our City continues to grow, we must ensure that our sewer system is fully capable of supporting new development while alleviating the risk of flooding in certain areas of our municipality. This project will provide environmental benefits and will strengthen our community as we look toward the future."

- Shawn Crossman, Deputy Mayor for Moncton

Associated Links:

To learn more about the New Building Canada Fund - Provincial-Territorial Infrastructure Component - National and Regional Projects, please visit http://www.infrastructure.gc.ca/plan/nrp-pnr-prog-eng.html.

For additional information on the New Building Canada Plan, visit http://www.infrastructure.gc.ca/plan/nbcp-npcc-eng.html.

To learn more about the Government of Canada's focus on jobs and the economy consult Canada's Economic Action Plan at http://www.budget.gc.ca/2015/home-accueil-eng.html.

Follow us on Twitter at @INFC_eng