This past October, I had the pleasure of announcing that six Manitoba municipalities had been approved for low-cost infrastructure loans as part of Canada’s Economic Action Plan. This announcement was made on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).
I was pleased to visit three new infrastructure projects that have benefited from that funding in my riding of Provencher.
Along with Hanover Reeve Stan Toews and members of the Rural Municipality of Hanover Council, we visited new water and wastewater projects which are now in operation, located in Grunthal, Kleefeld and New Bothwell.
Our Government understands the importance of infrastructure in maintaining strong and prosperous communities. The Municipal Infrastructure Lending Program has enabled municipalities both here in Manitoba and across Canada to invest in water and waste services, firehalls and other housing-related infrastructure projects that are essential to growing their communities.
Canada’s Economic Action Plan provided $2 billion over two years in direct low-cost loans to municipalities. Municipal infrastructure loans were available to any municipality in Canada and provided a new source of funds for municipalities to invest in housing-related infrastructure projects. These low-cost loans could be used by municipalities to fund their contribution for cost-shared federal infrastructure programming.
Eligible projects included infrastructure related to housing services such as water, power generation and waste services, as well as local transportation infrastructure within and into residential areas, such as roads, sidewalks, lighting, firehalls and residential green spaces.
CMHC has been Canada’s national housing agency for more than 65 years. CMHC is committed to helping Canadians access a wide choice of quality, environmentally sustainable, affordable housing solutions, while making vibrant and healthy communities a reality across the country.