Transportation and Infrastructure
“Infrastructure projects have the potential to create jobs for Albertans and ensure the well-being and longevity of our communities.”
What is an Infrastructure Bank?
This funding body raises capital from public, private or mixed sources to finance major infrastructure projects. The bank administers funds to major projects across the province, encouraging a consistent approach to addressing current needs for the creation, development and maintenance of infrastructure.
Community Bonds at Work
Community bonds allow local investors to support the infrastructure projects that matter most to them. This model has been used successfully across the country in the past. These models allow investors to earn interest while supporting the development of community infrastructure.
Alberta’s transportation and infrastructure projects support our communities to meet the needs of today, while also creating the opportunities of tomorrow. To support success, our infrastructure must be both inclusive and responsive, continuously undergoing improvements to meet the ever-changing and growing needs of Albertans. The planning, adoption and development of these projects provides the foundation for social and economic growth, a high quality of life, and the collective well-being for Alberta’s diverse communities. The government’s role may need to change to help improve social, economic and environmental outcomes through a shared capital plan that Albertans can access and understand.
Alberta’s strength and success are underpinned by a robust and adaptable infrastructure that strives to provide opportunities for growth. Through the Alberta Heritage Savings Trust Fund, Alberta rapidly and effectively built many bridges, facilities and utilities by using common designs. But such benefits did not reach all urban, rural or indigenous communities, and some important infrastructure has not been modernized to meet changing needs.
 “Catching Up: The Case for Infrastructure Banks in Canada,” The Van Horne Institute, http://vanhorne.info/files/vanhorne/CatchingUpTheCaseforInfrastructureBanksinCanada.pdf