Government of Canada and FCM fund 12 leading communities in strategic asset management initiative (15/12/2015)
The Government of Canada and the Federation of Canadian Municipalities (FCM) today announced Green Municipal Fund™ (GMF) grants to 12 different communities for a combined total of $1,028,835 dollars to support their pioneering efforts in asset management through the new Leadership in Asset Management Program (LAMP).
LAMP is an innovative peer-learning program designed to enable participating municipalities of all sizes, regions and levels of experience to work together to develop or refresh their asset management strategies and policies while ensuring that their environmental, social and economic sustainability objectives are well integrated with their communities strategic goals. In doing so, these municipalities will be pushing the envelope on asset management and going beyond standard practice, which tends to focus on the link between infrastructure management and financial sustainability. The knowledge, expertise and know-how gained through LAMP will be shared through GMF case studies, webinars and workshops and will contribute to better long-term decision-making for all communities concerning municipal assets.
While some Canadian municipalities and provinces have made advances, asset management is still a relatively young discipline. Municipal Infrastructure assets can include roads, bridges, water, wastewater, buildings, fleet, recreational facilities and equipment, natural assets, and public safety assets. Infrastructure is the backbone of our economy and quality of life, and decisions municipalities make today about such future investments need to be based on a consistent and structured approach that assesses their economic, social AND environmental benefits.
In addition to developing or refreshing their asset management strategies and policies, eight of the participating municipalities, received funding to go further and strengthen levels of service frameworks, lifecycle management approaches or risk assessment, all important elements of asset management where innovation is needed to ensure that environmental sustainability is taken into consideration more explicitly in decisions about infrastructure.
The 12 municipalities that will be leading the way are: City of Melville, SK; City of Fredericton, NB; City of Ottawa, ON; City of Windsor, ON; City of Airdrie, AB; County of Kings, NS; City of Nanaimo, BC; Municipality of North Grenville, ON; City of Revelstoke, BC; Township of Langley, BC; City of Vancouver, BC; City of Edmonton, AB. Recruitment of communities for the Francophone cohort is presently underway.
- Municipalities in the Leadership in Asset Management Program
- Program overview and eligibility: Leadership in Asset Management Program
- Asset Management: Making Better Infrastructure Investment Decisions
- An Asset Management Governance Framework for Canada
- Green Municipal Fund: Renewed funding offer
FCM’s national partners in asset management
The Government of Canada endowed the Federation of Canadian Municipalities with $550 million to establish the Green Municipal Fund™. The Fund supports partnerships and leveraging of both public and private-sector funding to reach higher standards of air, water and soil quality, and climate protection.
FCM has been the national voice of municipal governments since 1901. It fosters the development of sustainable communities to improve quality of life by promoting strong, effective, and accountable municipal government.