Government of Canada to Support Important Road Improvements in Dieppe

DIEPPE, NEW BRUNSWICK--(Marketwired - April 17, 2015) - Infrastructure Canada

Federal, provincial and municipal officials gathered today to announce that the Government of Canada has identified the project to improve Acadie Avenue/Amirault Street for funding consideration of up to $4.4 million under the New Building Canada Plan in New Brunswick.

Announcing the funding was 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. He was joined by the Honourable Brian Gallant, Premier of New Brunswick, the Honourable Roger Melanson, Minister of Finance and Minister of Transportation and Infrastructure, and Mayor of Dieppe, Yvon Lapierre.

This project involves reconstructing 1.1 kilometres of Acadie/Amirault between Alain Gillette Street and Chartersville Road. The underlying infrastructure will also be improved as part of the project. This work will support efforts to reduce congestion, effectively manage traffic volume, and reduce travel times.

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 from 2014-24.

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 $4,427,509 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 and the City of Dieppe will be responsible for the remaining cost of the project, which is estimated to be almost $9.9 million, with the Government of New Brunswick investing up to $4.5 million.
• The $53-billion New Building Canada Plan provides stable funding for a 10-year period and includes:
  • The Community Improvement Fund, consisting of the Gas Tax Fund and the incremental Goods and Services Tax Rebate for Municipalities, which will provide over $32 billion to municipalities for projects such as roads, public transit and 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. Of this amount, $1 billion for projects in 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

"With the New Building Canada Fund, our Government's support for public infrastructure has never been stronger. We are pleased to work with the Government of New Brunswick to approve projects under the New Building Canada Fund. Investing in the rehabilitation of Acadie/Amirault will ensure that infrastructure funding continues to flow as we focus on creating jobs, promoting growth, and building strong, prosperous communities across 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

"Investing in infrastructure renewal projects is essential to maintaining an efficient transportation network in our province. It's part of our government's focus on doing our part so businesses and New Brunswickers can create more jobs here."

The Honourable Brian Gallant, Premier of New Brunswick and Member of the Legislative Assembly for Shediac Bay-Dieppe

"We are incredibly happy that our two levels of government are interested in funding this project that is a top priority for our city. Reconstructing Acadie Avenue/Amirault Street is an important project for the people and will greatly improve the traffic flow in our municipality. The raising of the road will reduce the flood risk, hence the reason we want to start this project as soon as possible."

Yvon Lapierre, Mayor of Dieppe

Associated Links

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

Get more information on the New Building Canada Plan: http://www.infrastructure.gc.ca/plan/nbcp-npcc-eng.html.

Consult Canada's Economic Action Plan to learn more about the Government of Canada's focus on jobs and the economy: http://www.budget.gc.ca/efp-peb/2014/home-accueil-eng.html.

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