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Edmonton’s New Infrastructure Fund | Edmonton News

Edmonton’s New Infrastructure Fund | Edmonton News

Published 1 month, 3 weeks ago
Description

Edmonton’s launching a new $2.8 billion Dedicated Renewal Fund to fix crumbling infrastructure before it breaks — roads, pools, alleyways — and stop relying on unpredictable provincial and federal cash. Mayor Andrew Knack compares it to regular home maintenance, not waiting for leaks. The fund will be funded by a phased property tax hike — starting at 0.5% in 2027, rising to 1% by 2030 — to ensure long-term savings and smarter spending.

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