Le Lézard
Subjects: CMG, CFG

The Government of Canada partners with Prince Edward Island communities to strengthen asset management


TOWN OF THREE RIVERS, PE, May 16, 2023 /CNW/ - Today, the Honourable Lawrence MacAulay, Minister of Veterans Affairs and Associate Minister of National Defence, and Scott Pearce, Acting President of the Federation of Canadian Municipalities (FCM), announced a federal investment of more than $95,000 to help two Prince Edward Island communities put in place innovative asset management strategies.

Asset management helps communities manage municipal infrastructure assets such as roads, arenas, bridges, drinking water and wastewater systems to ensure maximum performance and make better investment decisions. Asset management also helps reduce risks so municipalities can provide reliable and affordable services and a high quality of life to their residents.

This funding will help strengthen data-driven decision-making on key infrastructure and ensure long-term infrastructure performance.

Quotes

"The Government of Canada is proud to help build strong, sustainable communities. The funding announced today will help Island communities develop the strategies and tools needed to better manage the vital infrastructure we rely on every day."
The Honourable Lawrence MacAulay, Minister of Veterans Affairs and Associate Minister of National Defence, on behalf of the Honourable Dominic LeBlanc, Minister of Intergovernmental Affairs, Infrastructure and Communities

"From roads and bridges to buildings and wastewater systems, local governments own approximately 60% of the public infrastructure that supports our economy and our quality of life. That's why it is so crucial to support them in building and maintaining strong asset management through initiatives like the Federation of Canadian Municipalities' Municipal Asset Management Program. Funded by the Government of Canada, it helps communities in Prince Edward Island and across the country develop sound asset management practices and conduct data collection and analysis to improve their investment decisions."
Scott Pearce, Acting President, Federation of Canadian Municipalities

Quick facts
Associated links

Municipal Asset Management Program
Infrastructure in your Community
Investing in Canada: Canada's Long-Term Infrastructure Plan
Investing in Canada plan project map

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