Province commits to spending $500M annually on highways
Read this article for free:
Already have an account? Log in here »
To continue reading, please subscribe with this special offer:
All-Access Digital Subscription
$1.50 for 150 days*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Pay $1.50 for the first 22 weeks of your subscription. After 22 weeks, price increases to the regular rate of $19.00 per month. GST will be added to each payment. Subscription can be cancelled after the first 22 weeks.
Hey there, time traveller!
This article was published 18/11/2016 (2097 days ago), so information in it may no longer be current.
The province has laid out plans for $502 million in highway spending for the next year and has committed to an additional $2 billion over the next four years.
Manitoba Infrastructure Minister Blaine Pederson announced plans this morning that include re-paving five kilometres of northbound lanes of Highway 75 from St. Jean Baptiste to Morris.
“This is predictable, stable funding that you can count in, plan on and depend on,” Pederson told the Manitoba Heavy Equipment Association at its annual meeting this morning.
The province is coming off the current fiscal year spending of $549 million and has budgeted $502 million for 2017-18 and then $500 million annually for the following four years.
Chris Lorenc, president of the MHCA said with new governments in Ottawa and on Broadway it is a transition year for infrastructure spending.
“What’s really important is that the level of investment is predictable. With the program out early that gives as the opportunity to organize and prepare for the season and that is as critical to us as the level of investment,” he said.
Martin Cash has been writing a column and business news at the Free Press since 1989. Over those years he’s written through a number of business cycles and the rise and fall (and rise) in fortunes of many local businesses.
Updated on Friday, November 18, 2016 12:29 PM CST: Adds list of projects.