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Premier Ball Releases Multi-Year Infrastructure Plan and Outlines Priority Investments for Five Years

by ahnationtalk on March 17, 201717 Views

March 17, 2017

Today, the Honourable Dwight Ball, Premier of Newfoundland and Labrador, announced a multi-year plan for infrastructure investments. The Way Forward: A Multi-Year Plan for Infrastructure Investments outlines commitments to education, health, buildings and roads, and municipal infrastructure through an investment of nearly $3 billion.

The plan includes the following investments by sector over the next five years:

  • $688.2 million for transportation infrastructure which includes roads, bridges and marine infrastructure;
  • $553.9 million on major health care projects and repairs and maintenance;
  • $461.1 million, in partnership with the Federal Government, for municipal infrastructure including buildings, recreation facilities, local roads, and water and wastewater projects;
  • $210 million for construction of new schools, extensions and renovations, and repairs and maintenance of school facilities;
  • $86.5 million for repair, maintenance and modernization of affordable housing units; and
  • $85.9 million for post-secondary education facilities.

The Way Forward: A Multi-Year Plan for Infrastructure Investments also commits over $750 million for projects to be identified under Phase II of Canada’s New Infrastructure Plan. It will be updated annually to reflect emerging priorities and released in advance of that year’s budget.

Quotes

“The Way Forward: A Multi-Year Plan for Infrastructure Investments fulfils our commitment to make a multi-year infrastructure plan publicly available. The plan ensures investments in priority areas with over $3 billion committed for new and existing schools, health care facilities, roads and bridges, municipal infrastructure, affordable housing and justice facilities. These projects will spur economic development and growth and foster business development while also strengthening and supporting our communities.”

Honourable Dwight Ball
Premier of Newfoundland and Labrador

“Forward thinking, long-term planning is essential to a balanced, fiscally-responsible approach while encouraging economic development and job creation. Multi-year planning provides better value for money, a critical consideration in the current fiscal climate. In addition, as an integral piece of the planning process, we will seek every opportunity to leverage federal infrastructure funding to support and maximize provincial priorities and investments.”

Honourable Cathy Bennett
Minister of Finance and President of Treasury Board

“The multi-year plan provides an opportunity to seek out innovative and alternate procurement methods to achieve the most cost-effective means to deliver needed infrastructure. We look forward to working with the private sector to ensure people access appropriate services in the current fiscal climate.”

Honourable Al Hawkins
Minister of Transportation and Works

– 30 –

Learn More
The Way Forward: A Multi-Year Plan for Infrastructure Investments www.tw.gov.nl.ca/works/Infrastructureplan.pdf

The Way Forward: A Vision for Sustainability and Growth in Newfoundland and Labrador – gov.nl.ca/pdf/the_way_forward.pdf.

Media contacts:

Michelle Cannizzaro
Office of the Premier
709-729-3960
Michellecannizzaro@gov.nl.ca
Tansy Mundon
Finance
709-729-6830, 693-1865
tansymundon@gov.nl.ca
Brian Scott
Transportation and Works
709-729-1758, 725-9201
brianscott@gov.nl.ca

NT3

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