Alberta Premier Jason Kenney (The Canadian Press)

By Justin Goulet

Province announces $2 billion investment in job creation

Apr 9, 2020 | 12:06 PM

EDMONTON, AB – The provincial government has made a significant announcement on getting Albertans back to work.

Premier Jason Kenney said the province will allocate almost $2 billion from the 2020 Capital Plan to resurface roads, repair bridges, restore schools and fill potholes.

The government is doubling up the capital maintenance and renewal (CMR) funding in 2020-2021 from $937 million to $1.9 billion by accelerating the capital plan.

Officials say this will allow the province to act quickly and work with companies across Alberta so they can keep workers employed during the ongoing COVID-19 pandemic.

By accelerating the capital plan, significant additional work will be undertaken. This includes $140 million for transportation projects and includes an additional $60 million for operating, which covers work repairing potholes across the province.

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“These infrastructure investments will be focused on projects that can be actioned quickly. By doubling our capital maintenance and renewal project funds, we will deliver much-needed improvements to important assets, keep companies and most importantly, keep Albertans working,” Kenney said in a provincial release.

“As the weather improves and buildings are empty, now is the perfect time for us to act.”

114 projects are currently in planning and/or in design. There are also 95 projects currently in construction, including 27 schools and nine bridge and road projects, not including capital maintenance and repair.