Roads & Paving
Funding announced for Calgary Ring Road
August 4, 2015 By Andrew Macklin
August 4, 2015 – The federal government announced funding of up to $582.9 million for the Southwest Calgary Ring Road Project under the National Infrastructure Component of the New Building Canada Fund. The work will ease congestion, reduce travel times and improve safety on the highway commonly known as the Stoney Trail.
The project involves the construction of 31 km of highway, 46 bridges, 10 service level interchanges, four multi-level major interchanges and the replacement of a bridge over a CP Rail line. The venture is expected to boost the local and regional economy by generating more than $800 million in labour income, contributing to industrial developments in Calgary and improving access for industrial producers and shippers moving goods to British Columbia and Port Metro Vancouver via Highway 1. It will also reduce travel times and increase traffic flow for tourists from the United States.
The project was made possible thanks to a historic land-transfer agreement between the Government of Alberta and the Tsuu T’ina Nation. The highway improvements are expected to allow the Tsuu T’ina Nation to expand and diversify their economy. For the City of Calgary, the project will provide new housing development space, as well as increased services to support regional population growth.
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