Today, the Honourable Sean Fraser, Minister of Immigration, Refugees and Citizenship, and Scott Pearce, Acting President of the Federation of Canadian Municipalities (FCM), announced a federal investment of $95,000 to help two Nova Scotia communities put in place innovative asset management strategies.
Asset management helps communities manage municipal infrastructure assets such as roads, arenas, bridges, drinking water and wastewater systems to ensure maximum performance and make better investment decisions. Asset management also helps reduce risks so municipalities can provide reliable and affordable services and a high quality of life to their residents.
This funding will help strengthen data-driven decision-making on key infrastructure and ensure long-term infrastructure performance.
- The Municipality of Pictou County receives $45,000 to use predictive modeling to help the municipality plan water main and wastewater network inspection and replacement programs and optimize investments that will in turn help increase the overall service level.
- The Municipality of the County of Victoria receives $50,000 to update and complete the county's asset inventory for all its assets. Once completed, high priority assets will be identified through a risk assessment approach followed by the development of an asset management strategy that will include short, medium and long-term capital planning.
