The province of New Brunswick is receiving $150.5 million from Housing, Infrastructure and Communities Canada (HICC) to be used to help communities build or improve infrastructure related to drinking water, wastewater, stormwater and solid waste.
“Investing in critical infrastructure like drinking water, wastewater, stormwater and solid waste systems is needed to build more homes, faster, across New Brunswick,” said federal Treasury Board President Ginette Petitpas Taylor in a news release.
“This 10-year agreement will support New Brunswick communities while advancing our shared housing objectives and needs.”
A news release from the New Brunswick government says the 10-year funding agreement for housing infrastructure builds on pre-existing investments from three levels of government:
- the province is putting more than $20.3 million towards the projects
- the federal government is spending $29.8 million on the projects
- the municipal governments are spending more than $10.9 million for their respective projects
That funding will go towards five projects in Fredericton, Fundy-St. Martins, Riverview, Rothesay and Strait Shores.
“The province is pleased to have this funding agreement finalized because it will place us in an even better position to leverage federal funding and accelerate building more homes, faster, for New Brunswick residents,” said David Hickey, minister responsible for the New Brunswick Housing Corporation.
For more New Brunswick news, visit our dedicated provincial page.
