It's presents an opportunity for growth and improvements for local communities.
Yorkton-Melville MP Garry Breitkreuz recently announced the New Building Canada Plan is now accepting applications. Yorkton and area communities are invited to apply!
The goal behind the initiative is economic growth, job creation and long-term prosperity through quality infrastructure.
The New Building Canada Plan, a continuation of the Building Canada Fund which ran from 2007-2014, will see the Government of Canada invest over $53 billion in infrastructure across the country over the next 10 years from 2014-2024. For Saskatchewan, this represents more than $1 billion in dedicated federal funding, including almost $437 million under the New Building Canada Fund and an estimated $613 million under the federal Gas Tax Fund.
"Under Building Canada, many communities throughout our area were able to receive funding for infrastructure projects such as road upgrading (RM of Insinger), water treatment plant expansion (Yorkton), and sewage lagoon expansion (Kamsack), to name a few," details Breitkreuz. "The New Building Canada Plan provides an opportunity for many more to enhance infrastructure in their own communities."
There are two major components under the New Building Canada Plan:
1. The $4-billion National Infrastructure Component (NIC) which provides funding for projects of national significance; and
2. The $10-billion Provincial-Territorial Infrastructure Component (PTIC) which supports infrastructure projects of national, regional and local significance. The PTIC is divided into two sub-components:
$9 billion for National and Regional projects (PTIC-NRP); and
$1 billion for projects located in communities of fewer than 100,000 residents through the Small Communities Fund (PTIC-SCF).
"The Small Communities Fund will be of particular interest for communities throughout Yorkton-Melville," adds Breitkreuz.
"Our towns and villages will have a fair opportunity to apply for funding for projects without having to compete against cities like Regina or Saskatoon."
Eligible projects under the PTIC-SCF include:
Drinking water
Wastewater
Solid waste management
Disaster mitigation
Local and regional airports
Short-line rail
Highways and major roads
For a full list of eligible projects and info. on how to apply for funding under the New Building Canada plan, please visit: www.infrastructure.gc.ca/plan/plan-eng.html.
