Alta. highways to receive $535M investment
The governments of Alberta and Canada have announced that they will invest a combined $535 million in highway projects across the province.
The Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, and the Honourable Brian Mason, Minister of Infrastructure and Minister of Transportation, have announced funding for 10 bundled highway rehabilitation and improvement projects in Alberta, totalling 96 subcomponent construction projects across the province. The federal government is providing funding for up to 50 per cent of eligible costs for these projects—nearly $255 million—and the Government of Alberta is investing more than $279 million.
“The Government of Canada’s investments in trade and transportation infrastructure will build stronger, more efficient transportation corridors to regional and international markets and help Canadian business to compete, grow, and create more jobs for Canada’s middle class,” said Sohi. “These investments in highway infrastructure across Alberta will support economic growth and provide safer and more efficient transportation routes for Canadians.”
Highways form the backbone of the provincial transportation network and support national, provincial and regional economic activity. When the roads, bridges and intersections that make up this network are properly maintained, there is less wear and tear on vehicles, better traffic flow, and reduced future maintenance costs. These investments will help businesses across agricultural, manufacturing and resource industries access local, regional, national and international markets, while making it safer and more efficient for all highway travellers.
Jim Rivait, CEO of the Alberta Roadbuilders & Heavy Construction Association, said, “These infrastructure projects will help keep Albertans working at a time when the heavy construction industry is struggling with spending cuts in the energy and residential sectors. The projects will also pay long-term dividends by supporting new economic growth while reducing congestion and increasing safety for Albertans.”