Call for 2019-2020 Asset Management Program funding applications starts today
May 22, 2019 – Ottawa, Traditional Algonquin Territory, Ontario – Indigenous Services Canada
Canada is making historic investments in First Nations infrastructure and is working together with First Nations toward building nation-to-nation relationships based on recognition of rights, respect, co-operation, and partnership. This includes supporting First Nations in building capacity and increasing self-determination and control over local services.
Today, the Honourable Seamus O’Regan, Minister of Indigenous Services, announced that applications are now being accepted for First Nations-specific Asset Management Program funding for 2019-2020.
Indigenous Services Canada’s (ISC) Asset Management Program is similar to that offered by the Federation of Canadian Municipalities (FCM) to its membership to help communities deal with competing priorities, limited funds, growing populations and aging infrastructure. First Nations face these situations every day, and asset management planning helps community leadership oversee and plan for their growing infrastructure needs.
This is the second year of Asset Management Program funding. The first year was a success, with 133 First Nations participating.
The goal of this five-year pilot program is to fund training and the development of community-specific asset management plans for at least 200 First Nations. Information on how to apply is available on ISC’s website.
“First Nations’ self-determination is a key goal of our government. Asset management is an important part of that because it helps First Nations to build capacity and take control of essential infrastructure in their communities. I am pleased to announce that funding applications are now being accepted and I hope that interest in participating continues to grow.”
The Honourable Seamus O’Regan, P.C., M.P.
Minister of Indigenous Services
ISC is providing $15 million over five years to support First Nations in developing asset management capacity through the Asset Management Program. Funding can cover engagement and training activities, data tools, technical assistance, and peer learning programs to address governance and other requirements for development and implementation of asset management plans.
Funding per project is estimated to be $20,000-$40,000, with larger projects involving several communities working together ranging from $80,000 to $120,000.
ISC will look at expanding the Asset Management Program further if interest exceeds current available funding.
The Asset Management Program is sourced to ISC from of the Government of Canada’s Investing in Canada infrastructure plan.
Through Investing in Canada, the Government is investing more than $180 billion over 12 years in public transit projects, green infrastructure, social infrastructure, trade and transportation routes, and Canada’s rural and northern communities.