Canada Teams Up with Alberta Communities to Boost Asset Management

Infrastructure Canada

Today, the Honourable Randy Boissonault, Minister of Tourism and Associate Minister of Finance, and Scott Pearce, Acting President of the Federation of Canadian Municipalities (FCM), announced a federal investment of more than $635,000 to help 14 Alberta 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. Among the recipients:

  • The Village of Berwyn is receiving $50,000 to acquire asset information on infrastructure located throughout the village and provide a geographic information system platform. It will allow for internal management of the assets while also providing the public the ability to view this data.
  • The Town of Turner Valley is receiving $40,000 to implement CityWide Maintenance Manager software and undergo systems training for a broader understanding of effective asset maintenance. The implementation of work order software will allow Turner Valley to gain an advanced understanding of its assets' performance and effectively plan for future maintenance based on data-driven decisions. Further, the implementation of software and systems training will be a critical piece to increase involvement from staff across the organization in asset planning.
  • The Town of Gibbons is receiving $48,000 to move towards an innovative asset management system that will provide timely information to staff and Council for making long-term decisions on the upcoming infrastructure needs of a growing community. Asset classes that will be part of this project include wastewater, sewer, vehicles, lands, engineered structures, machinery and equipment, land and property.
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