The province has paid out more than $1.8 billion in P3 debt to private contractors over the last 10 years. And that amount is about to go up.
Tag: infrastructure
The province has paid out more than $1.8 billion in P3 debt to private contractors over the last 10 years.
UCP government to spend $0.
Yet they’re spending nearly $200 million less per year than the NDP had planned.
To date, Alberta has yet to commit any funds. Several municipalities plan to contribute over $18 million.
There’s a catch though.
In 2017, the NDP announced a new continuing care facility in Calgary. Last month, construction finally started. It was supposed to be built by now.
Earlier this month, the provincial government announced $11.6 million in infrastructure spending for 6 projects in Calgary, Edmonton, and Wetaskiwin. The projects include retrofits, repairs, and upgrades to 6 provincial buildings in these communities. About 80% of the funding will come from the federal government, $9.2 million to be more precise. The remaining 20%—about $2.32 […]
The Alberta government announced yesterday that it plans to fund 124 infrastructure projects throughout the province. But there are a couple of things they left out from the news release.