Alberta Mayors Welcome More Money For Local Housing Infrastructure
The program will fund water and wastewater projects to speed homebuilding, with Ottawa providing $510 million and Alberta unlocking about $428 million more.
- Prime Minister Mark Carney and Alberta Premier Danielle Smith announced a $510 million federal investment through the Canada Housing Infrastructure Fund in Red Deer to accelerate homebuilding by funding water and wastewater infrastructure.
- The cost-sharing arrangement unlocks roughly $428 million in provincial funding, as Ottawa provides $510 million while Edmonton contributes roughly one-third of eligible project costs to support housing-related infrastructure across Alberta.
- With the fund open, Okotoks Mayor Tanya Thorn said the town of 33,000 built a supplemental water pipeline without federal funding and carries about $50 million in debt financed for the project.
- Fast tracking a Southwest recreation facility is the priority for Airdrie Mayor Heather Spearman, who stated "having the infrastructure in place to support something like that is so important" for the city's 10-year plan.
- Alberta mayors expressed optimism about their communities' futures, with Spearman emphasizing federal focus on Western Canada and noting Airdrie is "one of the largest communities in Western Canada without a hospital" requiring essential infrastructure.
11 Articles
11 Articles
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