Langley, British Columbia to see $235.5mn infrastructure investment from government

By nat blo

This week, the Honourable François-Philippe Champagne, Minister of Infrastructure and Communities, the Honourable John Horgan, Premier of British Columbia, and His Worship Jack Froese, Mayor of Langley announced that CA$235.5mn in joint funding have been acquired by the city. The money will be used to apply upgrades to Highway One in Langley, with the aim of supporting trade and increasing connectivity between Canadian communities.

The Government of Canada is contributing up to $108,963,550 to this project through the New Building Canada Fund, while the Government of British Columbia is providing $99,429,217 and the Township of Langley is providing up to $27,133,333.

A 10 kilometre stretch of road passing through Langley will be widened to include a new high-occupancy vehicle lane. Additionally, a new truck parking lot and major reconfigurations of traffic crossings across the city are planned.

SEE ALSO: 

The stretch of Highway One reportedly handles over 9,000 commercial trucks per day, and the upgrades will not only increase safety along the route, but boost trade and support economic prosperity for the region by accommodating a greater number of vehicles.

Champagne said: "These improvements to Highway One in Langley will make it easier for businesses to get their products to customers, reduce pollution, and allow residents to spend less time in traffic and more time with their families. Together with our provincial and municipal partners we're investing in projects to improve the daily lives of British Columbians now and lay the foundation for a bright prosperous future."

 

Share
Share

Featured Articles

Hybrid Working is Better for Your Business - PwC

Back-to-the-office cheerleaders like UPS's Carol Tomé might hate it, but PwC research shows hybrid working makes for more productive and happier employees

Nearly 60% of Finance Teams Now Using AI - Gartner

And of those finance teams that are not using AI, half are still planning to use it. By 2026, adoption will be at 90%

Fintech Bosses Warn Government Tax Hike Will Damage Growth

CEOs of UK fintechs say doubling capital gains tax rate to 45% would harm the very businesses the Government has put at the heart of its growth strategy

CEOs Are Losing Interest in Sustainability - Survey

Sustainability

Darktrace CEO Steps Down as Thoma Bravo Buys Company

Technology & AI

Why You Want Your Staff to Work Shorter Hours

Human Capital