July 30, 2015
Governments of Canada and Manitoba Support New Waverley Street Underpass at CN Mainline in Winnipeg
– – –Project Made Possible Thanks to the New Building Canada Plan
Joyce Bateman, Member of Parliament for Winnipeg South Centre was joined today by the Honourable Drew Caldwell, Minister of Municipal Government and Brian Bowman, Mayor of Winnipeg, to jointly announce federal-provincial funding of up to $91,800,000 for the Waverley Street Underpass at the CN Mainline under the New Building Canada Plan.
This project involves the construction of a new railway underpass on Waverley Street, where Waverley Street meets the CN Mainline; the reconstruction of Waverley Street between Wilkes and Taylor Avenues; improvements to three intersections along Waverley Street and the twinning of a section of approximately 1.2 kilometres of Taylor Avenue. Additionally, active transportation and pedestrian systems within the project area will be improved and expanded. This work will help reduce traffic congestion and improve safety for commuters, cyclists and pedestrians in this busy area of Winnipeg.
The New Building Canada Plan is the largest and longest federal infrastructure plan in Canada’s history. This unprecedented commitment is providing $53 billion to support provincial, territorial and municipal infrastructure, between 2014 and 2024.
Over this 10-year period, Manitoba will benefit from approximately $1.2 billion in dedicated federal funding including almost $467 million under the Provincial Territorial Infrastructure Component of the New Building Canada Fund.
Quick Facts
- The Government of Canada has selected this project for funding consideration of up to one-third of eligible costs, to a maximum of $45,900,000 under the New Building Canada Fund’s Provincial-Territorial Infrastructure Component-National and Regional Projects. This funding is conditional on the project meeting applicable federal eligibility requirements with respect to the New Building Canada Fund and the signing of a contribution agreement.
- The Government of Manitoba will be contributing up to $45.9 million to the project. Manitoba’s support for this project is drawn from its $5.5-billion, five-year plan to invest in core infrastructure including roads, bridges, clean water projects and flood protection. Independent analysis conducted by the Conference Board of Canada projects Manitoba’s plan will create 58,900 jobs, boost the province’s economy by $6.3 billion and increase exports by $5.4 billion.
- The total estimated cost of the project is $155.1 million. The City of Winnipeg will cover the balance of the costs.
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The $53 billion New Building Canada Plan provides stable funding for a 10-year period and includes:
- the Community Improvement Fund, consisting of the Gas Tax Fund and the incremental Goods and Services Tax Rebate for Municipalities, which will provide over $32 billion to municipalities for projects such as roads, public transit and recreational facilities, and other community infrastructure.
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the $14-billion New Building Canada Fund, which consists of:
- the $4-billion National Infrastructure Component that will support projects of national significance; and
- the $10-billion Provincial-Territorial Infrastructure Component for projects of national, regional and local significance. Of this amount, $1 billion for projects in communities with fewer than 100,000 residents through the Small Communities Fund.
- An additional $1.25 billion in funding for the Public-Private Partnerships (P3) Canada Fund administered by PPP Canada.
Quotes
“Our Government’s support for public infrastructure has never been stronger. I am so proud to be able to announce our Government’s investment of up to $45.9 million in the Waverley Street Underpass at the CN Mainline through the New Building Canada Fund. This vital piece of infrastructure will improve traffic flow and safety for commuters in Winnipeg while also creating jobs and contributing to the development of our city as a strong, prosperous community in which to work and live.”– Joyce Bateman, Member of Parliament for Winnipeg South Centre.
“Our financial support of improvements to Winnipeg’s roads and transportation infrastructure demonstrates the province’s commitment to creating safe and efficient routes for all modes of transportation. The Province of Manitoba is pleased to join with our partners and move this important project forward so that we can soon provide our residents with a safer and faster commute.” – the Honourable Drew Caldwell, Minister of Municipal Government.
“The Waverley Underpass is an important infrastructure improvement that will significantly enhance safety for motorists and pedestrians at the railroad crossing, and will also help ease congestion, improve traffic flow and reduce travel. The City of Winnipeg is grateful to the Government of Canada and the Province of Manitoba for their collaboration and commitment to funding the Waverley Street Underpass, which will have a positive impact on our growing, thriving more modern city.” – His Worship Mayor Brian Bowman, The City of Winnipeg.
Associated Links
To learn more about the New Building Canada Fund –Provincial-Territorial Infrastructure Component –National and Regional Projects, visit www.infrastructure.gc.ca/plan/nrp-pnr-prog-eng.html.
For additional information on the New Building Canada Plan, visit www.infrastructure.gc.ca/plan/nbcp-npcc-eng.html.
Manitoba’s five-year, $5.5-billion infrastructure plan can be found at www.gov.mb.ca/mit/pdf/five-yr-plan.pdf.
To learn more about the Government of Canada’s focus on jobs and the economy consult Canada’s Economic Action Plan at www.budget.gc.ca/2015/home-accueil-eng.html.
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