FREDERICTON, N.B. – Premier Brian Gallant and federal Infrastructure and Communities Minister Amarjeet Sohi today signed a bilateral agreement that will provide more than $673 million over the next decade in federal funding under the Investing in Canada plan.
Gallant noted the provincial government’s multi-year economic growth plan includes investing in New Brunswick’s infrastructure to create jobs.
“Infrastructure investments help stimulate the economy and improve the quality of life of New Brunswickers.”
The agreement is intended to allow the provincial and federal governments to make long-term infrastructure investments to create economic growth, build inclusive communities and support a low carbon, green economy. The projects supported through the agreement will be cost-shared with the provincial government, municipalities and other partners.
Sohi said long-term investments in infrastructure are key to building a strong Canada, connecting people, creating good jobs for the middle class, and building the nation's economy and communities for the future.
"We are pleased to reach a new agreement with New Brunswick to invest in infrastructure projects that will benefit all communities for years to come. Collaboration and partnership have been at the heart of the success of our Investing in Canada plan and we will continue to work with provinces, territories, municipalities, indigenous communities, stakeholders, and Canadians from coast to coast to coast.”
The Investing in Canada plan is designed to invest in infrastructure while providing the flexibility for provinces and communities to identify their priorities and projects.
Across Canada, more than $33 billion will be invested through new bilateral agreements with provinces and territories to support public transit, green infrastructure, recreational and cultural infrastructure as well as rural and northern communities. Provinces and territories will develop three-year plans that will provide information on how they will implement their projects.
The investments are intended to:
– improve the movement of people and goods;
– protect clean air and water;
– reduce greenhouse gas emissions;
– result in more efficient cities;
– support sustainable water management;
– support public spaces that help make communities great places to live;
– improve transportation and digital infrastructure for people living in remote communities; and
– improve energy security and reduce reliance on diesel fuel in the North.