Today, the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, and Scott Pearce, President of the Federation of Canadian Municipalities (FCM), announced a federal investment of over $270,000 to help 6 communities in Manitoba implement innovative strategies to manage their municipal infrastructure.
Known as asset management, this investment will help the communities ensure that their infrastructure such as arenas, bridges, drinking water and wastewater systems, and roads are working as efficiently as possible. It will also allow them to make better investment decisions. Asset management additionally helps reduce risks so municipalities can provide reliable and affordable services and a high quality of life to their residents.
- The Rural Municipality of Macdonald and the Municipality of Lorne. They each receive $50,000 to develop their own asset management policy, strategy, and plan, helping them generate data on key municipal assets. As a result, they will be able to better track their assets to have a clearer picture of their financial positions and upcoming responsibilities. These investments will help guide longer term financial decisions, leading to strengthened financial security.
- The Town of Carman. It receives $50,000 to help implement an asset management strategy with a software called CityWide. The Town will gain a more advanced understanding of asset performance, and be able to more effectively plan for future maintenance based on data-driven decisions, put in place more effective asset management practices, and provide for more accurate asset management reporting.
