Lloyd hoping for fed cash

By Geoff Lee

February 11, 2016 8:36 AM

The city of Lloydminster is hoping to get a piece of the $700 million infrastructure funding the federal government is fast tracking to Alberta.
Building Canada funding was announced by Prime Minister Justin Trudeau during a joint news conference with Alberta Premier Rachel Notely last week in Edmonton.
“There had been an announcement earlier that the federal government could be providing some stimulus infrastructure funding,” said Mayor Rob Saunders.
Saunders had just returned from an annual three day Saskatchewan Urban Municipalities conference in Regina when he heard the funding was official.
“We’ve always wanted to look at partnerships with the federal government with our large capital projects in Lloydminster,” he said.
The city’s looking for $16 million to fully fund a new wastewater treatment facility by July 2018, along with funds to improve the city’s transportation system.
The city is investing about $59.5 million in capital projects in its 2016 budget.
The city estimates it will cost $29.1 million to construct phase 1B of the north south traffic corridor.
Saunders said the city has made previous applications to federal infrastructure investments through Building Canada funds in Alberta and Saskatchewan.
The city received $2 million from the Building Canada fund in Alberta for the wastewater plant but nothing yet from Saskatchewan’s Building Canada fund.
Saunders said the details are not clear as to whether the city has to re-apply.
“The full submission has been made and how they handle this portion we haven’t heard the details on that just yet, but all our information is ready to go,” he said.
Notley noted infrastructure projects for Building Canada funds are been identified with the money expected to start flowing in “weeks to months.”
The federal government is also giving Alberta $250 million in fiscal stabilization funding.
Provinces can make claims under the program when their revenues tumble by more than five per cent on a year over year basis.
“These things are much needed to support the economy going forward in the short term,’ said Saunders.
He cautioned, however, that if you added up all the cumulative infrastructure needs in the province the cost would far exceed the federal funding.

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