May 12, 2003
Federal/Alberta partnership funds ring roads in Calgary, Edmonton
Calgary, Alberta – Prime Minister Jean Chrétien and Premier Ralph Klein announced funding of $500 million towards the construction of segments of ring roads around Calgary and Edmonton.
“The Governments of Canada and Alberta agree that the Calgary and Edmonton ring roads are top infrastructure priorities,” said Prime Minister Chrétien. “With this investment, we will keep people and goods moving quickly and efficiently to, and through, these cities. We will also help clear the air by reducing traffic congestion in the city centres.”
“The ring roads in Calgary and Edmonton are integral components of the Trans-Canada Highway and the Trans-Canada Highway Yellowhead Route through Alberta,” said Premier Klein. “Alberta’s population continues to grow rapidly and that growth has been concentrated in Calgary and Edmonton. Construction of the ring roads will reduce congestion, make the movement of goods more efficient and will make travel through the cities safer.”
In Calgary, funding announced today will contribute to the construction of an important section of the Calgary ring road. The project is part of the Calgary Go Plan elaborated to deal with the City’s expected growth.
In Edmonton, the investment announced today will provide for the construction of the Southeast section of the ring road. The ring road project is an integral part of the City of Edmonton’s Transportation Master Plan that addresses future transportation needs.
The Government of Canada will contribute $150 million towards the construction of the segments of both ring roads, while the Province of Alberta will invest $350 million. Alberta’s investment is part of the $5.5 billion Centennial Capital Plan announced in Budget 2003, of which $1.5 billion is being provided for provincial highways. The investments announced today bring the Government of Canada’s contribution to Alberta’s infrastructure since 1994 to over $700 million.
The Government of Alberta has invested over $7.6 billion in the province’s transportation infrastructure since 1994.