Infrastructure Investment Coalition (IIC) Endorses The Province's Commitment To Essential Infrastructure



    TORONTO, March 25 /CNW/ - Ontario's Infrastructure Investment Coalition
(IIC) is pleased with the government's commitment to funding infrastructure as
reflected in today's provincial budget. While the financial investment is
essential to the health of Ontario's economy, IIC also encourages the
government to move swiftly to put the funding in place and to consider other
solutions to the current infrastructure deficit.
    "With this budget, the government has acknowledged the importance of
infrastructure investment to the future of Ontario and its economy," says Andy
Manahan, Executive Director of the Residential and Civil Construction Alliance
of Ontario (RCCAO). "Given the lower growth expected over the next year, the
prominence to infrastructure support is particularly encouraging."
    The IIC also encourages all levels of government to look at better asset
management so that funds will be spent wisely and with a life cycle approach.
In addition, the IIC supports creating a streamlined and expedited approval
process and alternative and innovative financing models for construction.
Specifically, IIC calls on the government to lead a concentrated effort on
bridge inspections and full cost pricing for water and sewer projects.
    "Reducing our water infrastructure deficit and restoring the safety and
reliability of our sewer and watermain systems will require consistent efforts
by all stakeholders over many years," says Frank Zechner of Greater Toronto
Sewer and Watermain Contractors Association (GTSWCA). "Today's budget
underscores the need for Ontario to move towards multi-year predictable and
sustainable funding, which will help to stretch our limited water
infrastructure dollars."
    A significant deficit is currently affecting Ontario's core
infrastructure programs as public transit, roads, bridges, water and sewer
systems reach or pass their life expectancies. The longer vital repairs and
replacement projects are delayed, the more expensive the total repair bill
will be. Current estimates show more than $100 billion will be required for
investments in provincial public infrastructure over the next 30 years.
    "Every day, we witness increasingly frequent infrastructure failures
across the province such as severe road closures and burst mains," says
Manahan. "The lack of new infrastructure is impeding the growth and economic
development of our province, threatening the very backbone of our economy."

    ABOUT IIC:

    The IIC is comprised of the Residential and Civil Construction Alliance
of Ontario (RCCAO), Laborers' International Union of North America (LIUNA)
local 183, Greater Toronto Sewer and Watermain Contractors Association
(GTSWCA) and the Building Industry and Land Development Association (BILD). As
the state of infrastructure has become a critical factor in determining
Ontario's future economic success and relative standard of living, we felt it
was imperative that we work together as a coalition to raise awareness of the
core infrastructure needs of roads, water, sewers, and transit in every
community in Ontario. For more information on the coalition, please visit
http://www.infracoalition.ca/about.asp





For further information:

For further information: Media contact: Dorenda McNeil, Counsel Public
Relations, Tel: (416) 961-5898 x 216, dmcneil@counselpr.ca

Organization Profile

INFRASTRUCTURE INVESTMENT COALITION

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ONTARIO BUDGET REACTION 2008

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