Canada and Quebec to make significant investments in infrastructure
By Infrastructure CanadaFeatures Business Intelligence
July 3, 2018 - The Canadian and Quebec governments are working together to make long-term investments in infrastructure that will create jobs and economic growth, build inclusive communities and support a low-carbon, green economy—leading to a higher quality of life for all Quebec residents.
Today, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Member of Parliament for Quebec City; and André Fortin, Quebec’s Minister of Transport, Sustainable Mobility and Transport Electrification, and Member of the National Assembly for Pontiac, announced the signing of a bilateral agreement that will provide more than $7.5 billion in federal funding over the next decade for infrastructure projects in Quebec. These projects will be cost-shared with the Quebec government, municipalities and other partners.
As part of the Investing in Canada plan, the Canadian government will make unprecedented investments in public transit, green infrastructure, recreational, cultural, and community infrastructure, as well as rural and northern community infrastructure.
These investments will have benefits for people in communities across the province, including:
- faster commutes and travel times for more people;
- cleaner air and water;
- reduced greenhouse gas emissions;
- sustainable water management;
- enhanced public parks, recreational facilities and other spaces that make communities great places to live;
- better transportation and digital infrastructure for people living in remote communities
In Quebec, the Government of Canada will invest $5.2 billion in public transit projects, $1.8 billion in green infrastructure projects, $257 million in community, cultural and recreational infrastructure projects, and $288.5 million in rural and northern community infrastructure projects.
These federal funds are in addition to $100.4 billion the Province of Quebec will invest through the 2018‒2028 Québec Infrastructure Plan (QIP) announced in the Québec Economic Plan of March 2018.
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