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Funding announced for PEI highways

July 17, 2015 – The federal government has announced funding of up to $7,476,919 under the New Building Canada Plan for Prince Edward Island’s 2015 Highway Rehabilitation Project.

The project consists of 15 rehabilitation and new construction sites along Routes 1 and 2, which are part of the National Highway System. Once complete, this work will significantly improve driver safety and traffic flow along this key transportation route.

“The Prince Edward Island government continues to make strategic investments to improve the safety and efficiency of infrastructure in communities across our province,” said Paula J. Biggar, minister of transportation, infrastructure and energy for Prince Edward Island. “These investments benefit all Islanders and help grow our local economy. Continued improvements to our highways not only mean safer roads, they also improve the quality of life in our Island communities.”

The New Building Canada Plan is the largest and longest federal infrastructure plan in Canada’s history, providing $53 billion to support provincial, territorial and municipal infrastructure between 2014 and 2024.

“We are pleased to work with the Government of Prince Edward Island to support these improvements to the National Highway System in the province, as well as other important infrastructure priorities in the region,” said Gail Shea, Member of Parliament for Egmont.

Over this ten-year period, Prince Edward Island will benefit from approximately $440 million in dedicated federal funding, including more than $277 million under the New Building Canada Fund.