Check against delivery.
This technical briefing supplements today’s announcement of a funding partnership between the Governments of the Northwest Territories and Canada to deliver the NWT Highway Capacity Upgrade Project, valued at $96 million.
This afternoon, we heard the Government of Canada is contributing $72 million, that’s 75% of the cost to reconstruct identified sections of the NWT highway.
This funding under the Provincial-Territorial Infrastructure Component of the New Building Canada Plan presents significant opportunities for our government to advance economic development and well-being for NWT residents.
The GNWT will contribute $24 million or 25% rehabilitate the system and address our aging highway infrastructure.
The Department of Transportation has identified necessary work that will be delivered on segments of the territorial highways 1, 2, 3, 4, 6, 7, 8, and the Dettah Access Road in a four-year plan already underway.
The Department of Transportation is finalizing additional submissions to Canada to achieve objectives in our updated Transportation Strategy.
As indicated by Premier McLeod, our second bundle of projects to Canada includes improvements to community and regional airports, bridge rehabilitation and replacement, safety enhancements, and extending the winter road system.
Our government is also pursuing opportunities under the National Infrastructure Component of the Building Canada Plan with a $700 million proposal to extend the Mackenzie Valley all-weather highway from Wrigley to Norman Wells.
We appreciate the Government of Canada’s contribution of $1.3 million over two years to advance new road corridors in the NWT to promote economic development and connect communities.
We believe the timing is right to invest in strategic links to reduce future exploration costs, maintain the capacity developed in the Mackenzie Valley, and contribute to achieving the North’s full potential while advancing Canada’s economic priorities.
I’m going to turn things over to Kevin McLeod, the Director of Highways and Marine for the Department of Transportation, who will provide details on the NWT Highway Capacity Upgrade Project.
We’ll be pleased to take questions after the briefing.