Released on June 20, 2008
Prime Minister Stephen Harper and Premier Brad Wall today announced that federal and provincial governments will each provide $86.5 million to build a new $243 million bridge completing Circle Drive in Saskatoon. The project, called the Circle Drive South River Crossing Project, will ensure the city continues to keep pace with the economic momentum currently being experienced in Saskatchewan. The City of Saskatoon will fund the remaining $70 million.
This federal funding is in addition to the $635 million previously committed to Saskatchewan through Building Canada, the Government of Canada's new long-term infrastructure plan, and will be provided from the federal Gateways and Border Crossings Fund.
"This is a great day for the city of Saskatoon and for Saskatchewan," Wall said. "The federal government's funding commitment - which is over and above the considerable funding already committed to Saskatchewan under Building Canada - is further proof that, by working in partnership, our government is able to get results for the people of Saskatchewan."
Wall noted that today's announcement is also a clear demonstration of his government's commitment to renew the province's infrastructure - a commitment that includes the $1 billion "Ready for Growth" investment announced in 2008-2009 Provincial Budget.
"We are all aware that river crossing demand in Saskatoon is consistently higher than the capacity of existing river crossings," Saskatoon Mayor Donald Atchison said. "The Circle Drive South River Crossing project will alleviate these issues and will serve a critical role in the future of Saskatoon and area, as it is the final link of the existing Circle Drive system and will eventually become a main component of the future Perimeter Road system."
About the Saskatoon Circle Drive South River Crossing Project:
The project will involve the construction of a bridge and roads to complete Circle Drive in Saskatoon. Currently, traffic going through the city is routed either downtown on Idylwyld Drive or to the north end of the city on Circle Drive. This project will reduce the time it takes to move people and goods through the city by creating a third high-speed river crossing.
The project is estimated to cost a total of $286 million. In addition to the $243 million announced today, the federal, provincial and city governments previously partnered to provide $40 million for interchanges at Lorne Avenue and Circle Drive South and at Idylwyld Freeway and Circle Drive South.
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For more information, contact:
Kathy Young
Executive Council
Regina
Phone: 306-787-0425
Email: kathy.young@gov.sk.ca
Cell: 306-526-8927