Coquitlam is receiving a federal investment of more than $4.4 million to support a project that will minimize the risk of future flooding events, as announced today by MP Ron McKinnon and Dennis Marsden, Acting Mayor for Coquitlam.
By relocating and raising Cedar Drive, and constructing a drainage channel parallel to Partington Creek, this project will reduce the number of residents without essential services or access to the road during high precipitation events. Ultimately, this project will bring environmental and road improvements to the community.
Making adaptation investments now will have major economy-wide benefits later. Every dollar that is invested in adapting and preparing for climate-related disasters can save as much as $13 to $15 in costs.
By investing in infrastructure, the Government of Canada is growing our country's economy, building resilient communities, and improving the lives of Canadians.
