Today, the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, and Scott Pearce, President of the Federation of Canadian Municipalities (FCM), announced a federal investment of over $400,000 to help 9 communities in British Columbia implement innovative strategies to manage their municipal infrastructure.
Known as asset management, this investment will help the communities ensure that their infrastructure such as arenas, bridges, drinking water and wastewater systems, and roads are working as efficiently as possible. It will also allow them to make better investment decisions. Asset management also helps reduce risks so municipalities can provide reliable and affordable services and a high quality of life to their residents.
- The City of Williams Lake. It will receive $50,000 to review the current asset management status; develop an asset management program for the City, including policy, strategy, roadmap/plan; to review and update the City's asset classes and asset inventory; review existing asset management record systems (MAIS) for suitability with a proposed asset management program; and do system integration and training.
- The District of Vanderhoof. It will receive $50,000 to develop an asset management plan. This project will allow the District to understand its assets' condition in a more comprehensive way. Through these assessments, the District will be able to keep track of its municipal assets and plan updates, repairs, and replacements with increased efficiency. This will also allow to budget more efficiently and plan better the completion of those projects.
- The City of Kimberley. It will receive $48,000 to improve asset management in the community. The primary software currently used by the city for asset management does not match its needs and recently experienced failure, data loss, and security issues. Thanks to the funding, the City will install a robust and resilient platform to bolster its asset management program. Data from the legacy system will be migrated and redeployed in a modern, user-friendly, secure environment for staff and public to access.