The Federal and Provincial governments have announced a bilateral agreement that will make more than $112 million in combined funding available under two new federal programs – the Clean Water and Wastewater Fund and the Public Transit Infrastructure Fund – and supported by provincial government infrastructure programs. The federal government is providing up to 50% of funding for the projects supported through these programs. The provincial government and municipalities provide the balance of funding.
The agreement is part of Phase 1 of the 10-year Investing in Canada plan, which will help lay the foundation for the longer-term federal investment strategy.
Also announced was an initial list of 23 approved projects under the two new funding programs including Tignish’s Sewage Treatment Plant upgrades that will increase the existing facility’s capacity to treat wastewater and therefore better protect the environment, as well as transit upgrades in Charlottetown that will make public transit more inclusive across the city in addition to cutting commute times for everyone.
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