Statistics Canada spells out infrastructure renewal needs - On-Site Magazine

Statistics Canada spells out infrastructure renewal needs - On-Site Magazine

Despite spending over $31 billion to renew existing infrastructure assets, 10 times that amount would be needed to rehabilitate or replace existing core public infrastructure to bring the rating of all assets to “good,” reports Statistics Canada. Basing its analysis on its latest survey on the subject, Canada’s Core Public Infrastructure Survey: Required renewal budgets, 2022, the government agency says that owners of core public infrastructure …