Sunday, May 26, 2024

Governments of Canada and Alberta Announce Bilateral Funding Agreement

On Tuesday April 3, 2018, Amarjeet Sohi, federal Minister of Infrastructure and Communities, and Sandra Jansen, Minister of Alberta Infrastructure, announced the signing of a bilateral agreement that will provide more than $3.3 billion in federal funding through the Investing in Canada plan over the next decade for infrastructure projects. These projects will be cost-shared with the Alberta government, municipalities and other partners.

This new funding will see the Government of Canada and the Government of Alberta make unprecedented investments in public transit, green infrastructure, recreational, cultural, and community infrastructure, as well as rural and northern communities.

The funding builds on Alberta’s 2018 Capital Plan, which commits $26.6 billion over five years to support priority infrastructure projects across the province.

For further information regarding this funding announcement please read the full release here.