Governments prepare to spend $102M on P.E.I. infrastructure
Gail Shea, P.E.I.'s representative in the federal cabinet, was on the Island on Thursday to announce Ottawa's share of $102 million in infrastructure projects for the Island.
The money will come from three pots.
There's $49 million from the Build Canada Fund, to be shared by Ottawa, the province and various municipalities. Another $32 million will come from the economic stimulus fund, shared equally between Ottawa and P.E.I.
The bulk of the stimulus fund money will go to upgrades to Charlottetown's perimeter highway.
Infrastructure projects include:
- Renovations to the Souris town hall.
- Improvements to water and wastewater infrastructure in Summerside.
- Upgrades to the waterfront walkway and shoreline in Summerside.
- Money to improve sports fields in Cornwall.
Finally, the federal and provincial government are sharing a $21-million investment in UPEI and Holland College through the Knowledge Infrastructure Program. Of that, $17 million will go to a new applied science centre for the college.
|BUILD CANADA HIGHLIGHTS|
|City of Charlottetown||Storm water control and sidewalk||$3,180,000|
|Town of Cornwall||Phase 2 sport field project||$2,990,351|
|Town of Cornwall||Civic centre renovation||$2,000,000|
|Town of Montague||Museum expansion and artifact storage||$283,600|
|Town of Stratford||Bouyer Creek Municipal Wellfield||$2,600,000|
|City of Summerside||Water St. reconstruction||$1,690,000|
|City of Summerside||Reconstruction of major collector streets||$1,400,000|
|City of Summerside||West end walkway and shoreline protection||$3,600,000|
|Community of Wellington||Wellington lagoon expansion||$996,000|
|Capital Area Recreation Inc.||Energy audit retrofit||$1,579,380|
|Cavendish Beach Music Festival Inc.||Cavendish Beach Festival and Events Centre||$1,800,000|
|Summerside Reg. Dev. Corp.||Marina seawall reconstruction||$1,696,848|
|PEI Business Development||PEI BioCommons Research Park||$2,952,600|
|City of Charlottetown||University Ave. traffic flow improvements||$6,300,000|
|Community of North Rustico||Well site upgrades||$1,243,750|
- Infrastructure projects on P.E.I. will receive $49 million from the Build Canada Fund, not $64.2 million as was originally reported.Jun 04, 2009 2:36 PM AT