EDMONTON, Alta. — As expected, Alberta Premier Ralph Klein announced yesterday an increase in spending – much of which will be directed towards the province’s roads.
The province announced it will spend up to $4 billion overall throughout the next three years. That includes a multi-million spending plan for this fiscal year, Klein announced yesterday.
In all, more than $1 billion a year over the next three years will go into a special construction fund that will be used to fund highway projects as well as other infrastructure.
“That amount of money won’t accommodate the complete backlog but it will go some distance to alleviating some of the problems,” Klein tells local media. “At least we’ll be able to address some of the infrastructure projects on a priority basis.”
About one-third of the nearly $1 billion set aside for this year will go towards the province’s roads.
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