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Dec 2017 | Green & Prospering Communities

ACHIEVING SUSTAINABILITY & CLIMATE CHANGE ADAPTATION THROUGH ASSET MANAGEMENT
KIM FOWLER, SUSTAINABILITY MAKES CENTS CONSULTING

Local governments own about 60 percent of infrastructure across Canada that include roads, potable water, stormwater and wastewater systems, recreation centres and fire halls, but only receive 8 cents on the tax dollar. The federal government receives 50 cents and provincial governments get 42 cents. Over one-third of these assets that comprise the backbone of services in our communities are reaching the end of their life cycle, are in fair to very poor condition, and need to be replaced. In 2007, the Federation of Canadian Municipalities (FCM) estimated a $123 billion infrastructure deficit for local governments across Canada, to increase at a rate of $5 billion per year. That deficit almost reaches $200 billion when forecasted to 2017 (without inflation).

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