Asset formula

Canada and FCM support strengthening asset management in Northwest Territories community

OTTAWA (ON), May 17, 2022 /CNW/ – Effective management of municipal infrastructure is essential to from Canada economic competitiveness. Municipalities of all sizes need good asset management practices to build and maintain resilient and sustainable communities for all Canadians.

This is why the government of Canada invests $50000 in the Government of Délı̨nę Got’ine, Northwest Territories through the Municipal Asset Management Program (MAMP), implemented by the Federation of Canadian Municipalities (FCM). This initiative will help the community make data-driven decisions about key infrastructure and ensure the long-term performance of the infrastructure.

With funding from MAMP, the Government Délınę Got’ine develop an asset management program that will include training, goals and strategy to help establish an asset management foundation. This initiative will be used to train staff, develop a service level framework, and collaboratively plan the asset management vision, goals and targets. Additionally, a workshop approach will bring the team together to collaborate and stay aligned.

Estimate

“Making smart data-driven infrastructure decisions is essential for our government. Today’s investment provides the Délınę Got’ine government with the tools and training to improve its asset management practices to achieve better results. »
Michael V. McLeoddeputy of Northwest Territorieson behalf of the Honorable Dominic LeBlanc, Minister of Intergovernmental Affairs, Infrastructure and Communities

“The objective of the Municipal Asset Management Program is to enable municipalities to make strategic investment decisions regarding their municipal infrastructure. FCM will continue to support municipalities with good practices in asset management, planning, data collection and analysis so they can deliver essential services and ensure a high quality of life for their residents. »
Joanne VanderheydenPresident, Federation of Canadian Municipalities

Fast facts

  • The Municipal Asset Management Program (MAMP) is designed to help Canadian municipalities strengthen their infrastructure investment decisions based on reliable data and sound asset management practices.
  • MAMP provides asset management training, funding, and information sharing to enable municipalities to access the data needed to plan effectively.
  • the $110 million program, funded by the government of Canada and offered by the Federation of Canadian Municipalities, has invested in more than 1,259 municipal asset management projects.
  • Thanks to the investment in Canada Plan, the federal government is investing more than $180 billion more than 12 years in public transport, green infrastructure, social infrastructure, trade and transport routes projects, and from Canada rural and northern communities.

Related links

Municipal Asset Management Program
Infrastructure in your community
Invest in Canada: from Canada Long term infrastructure plan
Invest in Canada plan the project plan

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SOURCE Infrastructure Canada

Quote View original content: http://www.newswire.ca/en/releases/archive/May2022/17/c1589.html



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