First Nova Scotia project under New Building Canada Plan announced

By on July 29, 2014
highway 103 ns

The first eligible project in Nova Scotia under the New Building Canada Fund was recently announced.

The project will involve the construction of a new interchange and connector on Highway 103 between Upper Tantallon (Exit 5) and Hubbards (Exit 6) in Ingramport, which will include the construction of the following five structures: a bridge over Highway 103; four ramps forming a “diamond” interchange; a 1.6-km connector road from Highway 103 to Trunk 3; a roundabout at Trunk 3; and a bridge over Kieley Brook.

The New Building Canada Fund is one component of the New Building Canada Plan. This unprecedented commitment will provide $53 billion over the next decade to support provincial, territorial and municipal infrastructure.Over the next 10 years, Nova Scotia will benefit from about $1 billion in dedicated federal funding, including more than $426 million under the New Building Canada Fund.

The Government of Canada is conditionally setting aside up to 50 per cent of eligible costs, to a maximum of $6.85 million for this project under the New Building Canada Fund’s Provincial-Territorial Infrastructure Component-National and Regional Projects (PTIC-NRP). The funding is conditional on the project meeting applicable federal eligibility requirements with respect to the New Building Canada Fund and the signing of a contribution agreement.

The Government of Nova Scotia will be responsible for all remaining costs of the project, which has an estimated total cost of $16.2 million.

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