Government of Canada and FCM support asset management in Newfoundland and Labrador communities

The Canadian Government is investing $388,775 in nine Newfoundland and Labrador communities to support data-driven decision‑making about key infrastructure and ensure long-term infrastructure performance.

The town of Glenwood is receiving $47,880 to compile a complete inventory of its major assets including linear assets, buildings and structures and fleet. The information will be used to prepare state of infrastructure reports.

The town of Gander is receiving $50,000 to identify the status of existing assets, determine areas for improvement, identify roles and responsibilities, develop mandates and asset management plan templates. The information will be used to educate staff and council on the process of incorporating an asset management program.

The town of Bay Bulls is receiving $50,000 to develop an eco-asset management framework. This project will develop a watershed model, conduct a climate change vulnerability assessment, establish a level of service review, and put together an asset management assessment report.

“From roads and bridges to buildings and wastewater systems – strong asset management is key to building stronger communities,” said Taneen Rudyk, president, Federation of Canadian Municipalities. “That’s why FCM’s Municipal Asset Management Program helps communities in Newfoundland and Labrador and across the country develop sound asset management practices and conduct data collection and analysis to make better investment decisions.”