Investing in Canada plan: Infrastructure Canada Bilateral Agreements - Prince Edward Island
|Funding Approved - Prince Edward Island|
The following graphic represent this information: 75.92% of the total available money was approved. $154.71 Million of the $199.63 Million from Green Infrastructure Stream was approved. $2.38 Million of the $13.52 Million from Public Transit Infrastructure Stream was approved. $27.08 Million of the $28.45 Million from Community, Culture, and Recreation Stream was approved. $60.73 Million of the $80.97 Million from Rural and Northern Communities was approved.
The following graphic represent this information: 79.45% of the total available money was approved. $43.67 Million of the $55.10 Million from Clean Water and Wastewater Fund was approved. $628,718.00 of the $653,400.00 from Public Transit Infrastructure Fund was approved.
Prince Edward Island
The Government of Canada is making an historic $180 billion investment in infrastructure through the Investing in Canada plan to build the communities of the 21st century. As part of this plan, the Government of Canada is signing new bilateral agreements with all provinces and territories that will see more than $33 billion in federal investment towards significant infrastructure projects across the country under four priority areas:
- Green infrastructure;
- Community, culture, and recreation infrastructure; and
- Rural and northern communities.
- Public transit;
On August 16, 2018, the Honourable François-Philippe Champagne, Minister of Infrastructure and Communities; the Honourable H. Wade MacLauchlan, Premier of Prince Edward Island; and the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, and Member of Parliament for Cardigan announced the signing of the bilateral agreement between Canada and Prince Edward Island for long-term infrastructure projects. This agreement will provide more than $366 million over the next decade in federal funding under the Investing in Canada plan. The projects supported through this agreement will be cost-shared with the Prince Edward Island government, municipalities and other partners.
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