Issue link: http://publications.winnipegfreepress.com/i/900400
3644340 Nelson 243f Mar23 r1.pdf;Customer is responsible for accuracy Building The Future Celebrating 95 Years of Construction Provincial | Municipal | Residential Commercial - Industrial and Public Infrastructure Works Custom Crushing | Concrete & Asphalt Paving Underground Services Phone 204-949-8700 | Fax 204-237-8337 www.nelsonriver.com Earth Max Construction Inc. Phone: 204-344-5760 Fax: 204-480-1683 info@earthmax.ca www.earthmax.ca Stony Mountain, MB Site Development | Sub-divisions | Road Building Surface Water Management | Retention Ponds Wastewater Stabilization Pond Contruction & Maintenance Sewer and Water Services | Excavation Services Granular Supply | Custom Hauling | Snow Removal 6 PRINCIPLES FOR INFRASTRUCTURE INVESTMENT The MHCA has developed 6 fundamental principles for sound investment in core infrastructure — streets, highways, bridges, land drainage, water distribution and wastewater treatment systems. We propose that infrastructure investment programs be: PERMANENT, STRATEGIC AND SUSTAINED Infrastructure investment should be set out in a long-term plan, with predictable cost-sharing between governments FOCUSED ON ECONOMIC GROWTH Evidence shows that investment in core infrastructure has defined returns to the economy, $1.60 for every $1 invested (Conference Board of Canada, 2011) EMBRACING INNOVATION Adopting new, better ways to build or maintain infrastructure will get more value out of the infrastructure budgets HARNESS PRIVATE-SECTOR PARTNERSHIPS The private sector is the source of ingenuity FUNDED BY DEDICATED REVENUE STREAMS Taxpayers must be able to follow the dollar, to know how much is invested, for what purposes REVIEWED ANNUALLY Regular review of investment programs ensures accountability, discipline to purpose and allows for adjustment to benefit from lessons learned THE INFRASTRUCTURE CHALLENGE ❱❱❱ City of Winnipeg is facing a $7.4-billion infrastructure investment deficit, half of which is for transportation ❱❱❱ Province-wide, municipalities together face an infrastructure deficit of some $13 billion (2009 dollars) ❱❱❱ Municipalities need the help of senior levels of government — they collect just 8 cents of every tax dollar ❱❱❱ Previous provincial administration ignored requests to assess and make public the Manitoba government's core infrastructure investment deficit ❱❱❱ Getting Manitoba to 'most improved jurisdiction' mark, in the face of a daunting core infrastructure deficit, requires new thinking and smarter collaboration THE SOLUTION ❱❱❱ Seize public sentiment, which is onside for smart, strategic investment in core infrastructure ❱❱❱ Manitoba should commit to tabling its core infrastructure investment deficit to allow tracking of progress ❱❱❱ Adopt a long-term, strategic infrastructure investment strategy to meet both challenges and opportunities ❱❱❱ Negotiate a 'new fiscal deal' between Manitoba and its municipalities that balances and shares roles, revenues and responsibilities Celebrating 75 GROUNDBREAKING years in 2018