NLIS 2 February 15, 2001 (Works, Service and Transportation) Canada and Newfoundland
governments Industry
Minister Brian Tobin, M.P. for Bonavista-Trinity-Conception,
on behalf of Transport Minister David Collenette, together with Percy
Barrett, provincial Minister of Works, Services and Transportation,
announced on February 14 that 21 highway improvement projects will be
carried out in fiscal year 2001/2002 under existing Canada�Newfoundland
highway initiatives. This year�s initiative will create approximately
500 direct and indirect jobs. �Not
only will these projects ensure that Newfoundland and Labrador continues
to have an efficient transportation system; they will also make a
significant contribution to the local construction industry,� said Mr.
Tobin. �We
have been able to make significant improvements to Newfoundland and
Labrador�s transportation infrastructure with projects like these,�
said Mr. Barrett. �This federal-provincial initiative has been crucial
to the development of the province�s highway system and we look forward
to working with the federal government to develop similar initiatives for
the future.� The
federal government will provide approximately $35 million under the
Trans-Canada Highway Agreement and $15 million under the Regional Trunk
Roads Agreement for these projects. The funds will be used to begin new
projects or complete existing ones. �Adequate
highway infrastructure is a critical component of Canada�s ability to
compete in the global economy,� said
Mr. Collenette. �As a
result of these initiatives, Newfoundland and Labrador has been able to
strengthen its transportation network and overall economy.� These
projects are part of the existing Newfoundland Transportation Initiative
Agreement signed by the federal and provincial governments in 1988. The
agreement expires in 2003. Funding
for this project was provided for in the February 2000 budget and is
therefore built into the existing financial framework. Tenders
for these projects will begin immediately. Contacts: Transport
Canada is online at www.tc.gc.ca PROJECTS FOR FISCAL YEAR 2001/2002 Trans-Canada
Highway Agreement New
Projects
Carry-over
Projects
Regional
Trunk Roads New
Projects
Carry-over
Projects
2001 02 15 3:55 |
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