New funding is available to help Canadian municipalities boost economic growth and local quality of life by making informed infrastructure investment decisions based on empirical data and sound asset management practices.
Through the Municipal Asset Management Program, municipalities will be able to access grants to fund activities such as asset management needs or risk assessments; asset management plans, policies and strategies; data collection and reporting; asset management training and organizational development; and knowledge transfer, development and sharing.
In applying asset management best practices, municipalities can determine which infrastructure projects deliver the most value for money, while improving the long-term performance of physical assets. A municipality's asset management approach considers the needs of citizens, the resources available and the lifecycle of physical assets such as roads, bridges, facilities and systems.
The new funding is offered by the Municipal Asset Management Program (MAMP), a $50 million initiative funded by the Government of Canada and delivered by the Federation of Canadian Municipalities (FCM).
The application process will be accessible all year round to cities and communities across the country. Details about the program and funding opportunities are available online: FCM's Municipal Asset Management Program.
Quotes
"This new program will help municipalities to plan, build and maintain their infrastructure more strategically, which will make infrastructure dollars go further. With a clearer vision of their long-term needs, municipalities will be able to invest in infrastructure projects in the best way possible, benefiting Canadians for years to come."
The Honourable Amarjeet Sohi, Minister of Infrastructure and Communities
"Across the country, municipalities face aging infrastructure and limited budgets as they strive to improve residents' quality of life and generate growth. That's why FCM is pleased to deliver this important federally funded program, giving communities new tools to make infrastructure dollars go further. We will work with provincial and territorial municipal associations-as well as other stakeholder groups-to deliver results in communities across the country."
Clark Somerville, President, Federation of Canadian Municipalities
Quick facts
- Through programming and advocacy, the Federation of Canadian Municipalities (FCM) serves as the national voice of local government, with nearly 2,000 members representing more than 90 per cent of Canada's population.
- In addition to the Municipal Asset Management Program, the Government has also endowed FCM with $75 million to establish the Municipalities for Climate Innovation Program (MCIP).
- The Government of Canada is investing more than $180 billion over 12 years in infrastructure, including public transit, green infrastructure, social infrastructure, trade-supporting transportation infrastructure, and Canada's rural and northern communities.
Associated links
FCM's Municipal Asset Management Program
FCM's Municipalities for Climate Innovation Program
FCM's Green Municipal Fund
Government of Canada's $180 billion+ infrastructure plan
Federal infrastructure investments since 2002
Contacts
Brook Simpson
Press Secretary
Office of the Minister of Infrastructure and Communities
613-219-0149
brook.simpson@canada.ca
Francine Pressault
Media Relations Advisor, Programs Communications and Marketing
FCM
613-907-6399
fpressault@fcm.ca
Infrastructure Canada
613-960-9251
Toll free: 1-877-250-7154
media@infc.gc.ca
Twitter: @INFC_eng
Web: Infrastructure Canada