The provincial and federal governments have announced a bilateral agreement that will make more than $176 million in combined funding available under two new federal programs, the Clean Water and Wastewater Fund and the Public Transit Infrastructure Fund.
Also announced was an initial list of 51 approved projects under the two new programs, including capacity upgrades to Fredericton’s Barker Street Wastewater Treatment Facility and new buses for Moncton’s Codiac Transit.
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.
Under the Clean Water and Wastewater Fund, the provincial government is providing $19,858,713 and the federal government is providing $39,717,426 for the current intake of 47 projects across the province. Combined with municipal contributions, a total of $79,434,852 will be invested to help provide New Brunswick families with clean, reliable water and wastewater services.
Premier Brian Gallant said, “We understand that New Brunswickers want their government to focus on the economy, education and health care. Investments like these help get things done in these priority areas.”
For a list of the wastewater and public transit projects in New Brunswick, click here.