Alberta mayors seek details on federal infrastructure cash - Action News
Home WebMail Saturday, November 23, 2024, 08:49 PM | Calgary | -12.0°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Edmonton

Alberta mayors seek details on federal infrastructure cash

The mayors of Albertas two largest cities are seeking more details on the federal Building Canada Fund that could provide much-needed money for infrastructure.

Building Canada Fund details not coming until March 31

Calgary mayor on federal budget

11 years ago
Duration 2:18
Calgary Mayor Naheed Nenshi says the 2014 federal budget reminds him of Groundhog Day.

The mayors of Albertas two largest cities are seeking more details on the federal Building Canada Fund that could provide much-needed money for infrastructure.

The fund, which will offer cities $14 billion in funding over 10years, was announced last year but Finance Minister Jim Flaherty offered few additional details when the 2014-15 federal budget was releasedTuesday.

Instead, cities will learn more by March 31, which frustrates Calgary Mayor Naheed Nenshi.

Edmonton Mayor Don Iveson hopes to tap into the Building Canada Fund to help finance the expansion of the southeast LRT. (CBC )

If you're only announcing the program at the end of March you're right into the construction season, Nenshi said.

So it's really, really important that the federal government announce the criteria now so that particularly smaller municipalities can make preparations and make sure that they haven't already lost a season.

For many municipalities, it may in fact be too late.

Edmonton Mayor Don Iveson was pleased to hear that the federal government has renewed its commitment to the fund, which is where the city hopes to get money for the southeast LRT expansion.

But, like Nenshi, he is still looking for more details.

Were still looking for specific parameters in that fund so that we can understand what kinds of projects would be eligible, more importantly when the cash will start flowing and how municipalities are going to have a say in the allocation of those funds.

However, Iveson says local Conservative MPs have told him that LRT expansion would likely be eligible.

Both Nenshi and Iveson are concerned that the federal government is providing no new funding for social and affordable housing.

A very large number of those programs are expiring as we speak and that runs the risk of hundreds of thousands of housing units currently available no longer being available, Nenshi said.

Canada West Foundation president Dylan Jones says the federal governmentis missing an opportunity to invest more in job creation.

"I dont think the federal government should be proud of a boring budget and I dont think Canadians should be satisfied with an economy that continues to have high unemployment and huge underlying productivity challenges," he said.

"We have an aging population. We have many citizens who are about to retire. We are going to have to pay to support those people welland we arent going to get there with budgets that are boring.