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Feb 25, 2021
Budget 2021 Capital Plan: Creating 90,000 new jobs | Plan d’immobilisation 2021 : Créer 90 000 nouveaux emplois en Alberta
Budget 2021’s Capital Plan invests almost $21 billion over three years to boost Alberta’s economy and create 90,000 new jobs.
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The 2021 Capital Plan invests $20.7 billion over three years. This is an increase of $1.7 billion in 2021-22 from Budget 2020, reflecting the government’s commitment to getting shovel-ready projects off the ground and Albertans back to work in good-paying jobs.
The plan will support more than 50,000 direct and 40,000 indirect jobs through to 2024. This includes new funding for 41 projects totalling $825.8 million over three years, including:
Infrastructure projects support jobs, economy
Maintenance upgrades at Alberta government-owned facilities will support about 65 construction jobs and boost local economies in three communities.
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Minister Panda and the electric heating system in the Old Court of Appeal building in Calgary soon to be replaced by high efficiency boilers.
Together, the governments of Canada and Alberta will provide more than $11.6 million to complete retrofits, repairs and upgrades that will improve the energy efficiency and lifespan of six provincial buildings in Calgary, Edmonton and Wetaskiwin. Funding for these capital maintenance and renewal projects is approved through the COVID-19 Resilience Infrastructure Stream Investing in Canada Infrastructure Program (ICIP).
Contract awarded to build South Bow River Bridge
PCL Construction has won the contract to replace the eastbound bridge over the Bow River on southeast Stoney Trail in Calgary.
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Rendering of the new South Bow Bridge project over the Bow River at southeast Stoney Trail.
The contract was awarded for about $48 million and offers significant savings for taxpayers. The total project cost, which includes engineering and utility relocations, is estimated at $60 million – significantly less than the anticipated cost of $70 million.
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The council of the Municipal District of Willow Creek has adopted its interim budget, which will form the basis of the MD’s 2021 budget.
The budget was presented by Johanne Hannas, the MD’s director of finance, and Derrick Krizsan, the MD’s chief administrative officer, at council’s Dec. 9 meeting.
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Hannas stressed this is not final, but an interim budget.
“This is just bringing forward what we know at this time,” she said, adding she will bring forth information from the provincial government as it becomes available.