Close X
Saturday, November 30, 2024
ADVT 
National

B.C. announces one-time billion-dollar growth fund

Darpan News Desk The Canadian Press, 10 Feb, 2023 02:05 PM
  • B.C. announces one-time billion-dollar growth fund

SURREY, B.C. - Every community in British Columbia will be eligible for infrastructure grants coming from a one-time $1-billion government fund.

Premier David Eby says the money has been set aside in the provincial budget surplus, which was estimated at $5.7 billion last fall.

He says he expects the government's Growing Communities Fund grants to help local municipalities improve roads, build arenas and water facilities and improve recreation options for families.

The premier says the grants are available to B.C.'s 188 municipalities and regional districts, and can be used to prepare for future growth and build amenities to support housing developments.

Surrey Mayor Brenda Locke says the province's investment is much needed by Surrey, the fastest-growing city in B.C.

Eby says the individual grant amounts will be calculated on a population formula and distributed by the end of March.

"This is a one-time, billion-dollar investment to help communities meet the demands of record population growth, aging infrastructure and support those communities impacted by downturns, for example in the forestry sector," Eby said at a news conference Friday.

MORE National ARTICLES

Gloomy 2023 B.C. housing forecast, but 2024 better

Gloomy 2023 B.C. housing forecast, but 2024 better
Association chief economist Brendon Ogmundson blames expected sluggish sales this year on a slowing economy and ongoing, elevated mortgage rates. The forecast predicts residential sales in B-C will skid 7.1 per cent this year before surging nearly 24 per cent in 2024.    

Gloomy 2023 B.C. housing forecast, but 2024 better

Woman dead, man critical in Surrey, B.C., attack

Woman dead, man critical in Surrey, B.C., attack
The survivor has life-threatening injuries, but police say the public is not believed to be at risk. IHIT is trying to determine if the tripped alarm and triggered sprinklers could be linked to the case.

Woman dead, man critical in Surrey, B.C., attack

IHIT identify Burnaby shooting victim as a 17 year old male

IHIT identify Burnaby shooting victim as a 17 year old male
IHIT investigators have identified the victim as a 17-year old man, who lived in the complex in which the shooting took place. At approximately 9:15 a.m. a White Nissan Rogue was reported to have been set on fire in the area of 173 Street and 101 Avenue in Surrey.   

IHIT identify Burnaby shooting victim as a 17 year old male

Surrey RCMP investigate multiple acts of man exposing himself

Surrey RCMP investigate multiple acts of man exposing himself
On Wednesday, Surrey RCMP received a report that a man was masturbating in the pathway behind a townhouse complex located in the 6400-block of 168 Street. The man jumped a fence entering the backyard of one of the units, and then used a flashlight to capture the attention of the residents before shining the light on his exposed genitalia.

Surrey RCMP investigate multiple acts of man exposing himself

Abbotsford Police investigate home invasion and find a drug lab and a man's body

Abbotsford Police investigate home invasion and find a drug lab and a man's body
Upon police arrival, officers located a body of a man. During the search of the home, police also found a drug lab. Early indications suggest that this incident is targeted, and the public is not at risk.    

Abbotsford Police investigate home invasion and find a drug lab and a man's body

Canada summons Chinese ambassador over balloon

Canada summons Chinese ambassador over balloon
Canada's Department of National Defence said the balloon's movements were being actively tracked by the North American Aerospace Defence Command, which is responsible for monitoring airborne threats to the continent.    

Canada summons Chinese ambassador over balloon