City Receives Maximum Funding from Climate and Asset Management Network Program

The City has received a $52,000 grant to support the continued development of the City’s asset management policy, strategy and governance framework. Authorization to sign the contribution agreement for the grant received through the Climate and Asset Management Network (CAMN) Program was given by City Council at its meeting on November 20, 2017.

The CAMN Program assists municipalities with embedding asset management as a strategic, ongoing business process while ensuring that the asset management system is set up to be well aligned with strategic goals, including climate action and sustainability goals. 

Joining with 19 communities across Canada, team members from the Finance, Major Projects and Preservation, and Environmental and Corporative Initiatives divisions will participate in training opportunities and in the sharing of knowledge and innovative practices.

“Climate change is not the only risk to the City’s infrastructure and services. We have an ongoing commitment to also consider environmental, social and economic sustainability into our future asset management planning,” says Clae Hack, Director of Finance. “Through phase one, we’ll be looking to identify and strengthen specific assets within our asset management planning for which we can apply to phase two for additional funding of up to $123,000 to further implement our plans.”

The CAMN is available through the Municipalities for Climate Innovation Program, which is delivered by the Federation of Canadian Municipalities and funded by the Government of Canada.

This funding supports the City’s Strategic Goal of Asset and Financial Sustainability by helping to reduce the gap in funding required to rehabilitate and maintain the City’s infrastructure. 

To learn more about the City’s ongoing Corporate Asset Management Plans, visit saskatoon.ca.