Fed infrastructure money could be sought for 2nd bridge
Prince Albert will be applying for a share of the $5.8 billion made available by the federal government in new infrastructure funding, and it could potentially become a source of funds for a second bridge project.
Prime Minister Stephen Harper announced on Monday that his Conservative government will be targeting this money to investments in federal infrastructure. Such areas of investment could include heritage, First Nations education, defence, research facilities, borders, harbours and transportation.
Prince Albert MP Randy Hoback said it’s not new money, but it’s more of a confirmation of the funds muncipalities recieve from the gas tax. He said it’s fairly open-ended as to what municipalities can use the money for.
He said something like a second bridge would go under the public-private partnership model. “Six million dollars isn’t enough to put towards a bridge but if they [the City] went after some P3 funding, then there’s a substantial amount of money sitting there in P3 Canada.”