Why Cities Can't Afford To Wait: How Cities Can Secure Infrastructure Funding

In part two of 'The Infrastructure Imperative' blog series, we will explore the role of data and technology in infrastructure planning, climate change and how to break down silos. Missed part one? Read about why decision-making is only getting more complex.

Moving beyond traditional funding decisions

While the infrastructure challenge is clear, making funding decisions isn't as straightforward. Cities must balance their need to support infrastructure projects without overwhelming taxpayers or driving away businesses. In North America, Canadian and US municipalities handle infrastructure funding and asset investment planning differently.

Canadian provinces have implemented mandatory asset management practices that tie funding to comprehensive infrastructure planning. To receive financial support, cities must demonstrate a detailed understanding of assets, as well as their condition and maintenance needs. Canada's provincial regulatory approach has resulted in